Exec Adam Popper is out at Columbia Property Trust

REIT confirms departure during earnings call

TRD New York /
Feb.February 16, 2018 06:07 PM

Adam Popper

Adam Popper is no longer at Columbia Property Trust, the company confirmed during its fourth-quarter earnings call on Thursday.

Popper, who joined the real estate investment trust in February 2016, was in charge of investments and asset management in the eastern U.S.

It wasn’t immediately clear why Popper left, whether he was fired, or whether he is moving to another company. He could not immediately be reached for comment.

“Adam worked with us for couple of years, served us well, great member of the team but we have … parted ways,” the firm’s CEO Nelson Mills said during the call. “We are interviewing candidates, exploring various options … Hopefully, we’ll fill one or two positions in New York in the near term.”

Prior to joining Columbia, Popper served as managing principal at Westbrook Partners and as director of U.S. office acquisitions at Vornado Realty Trust, following previous stints at Beacon Capital Partners and Tishman Speyer.

In October, Columbia Property went into contract to buy two Chelsea office buildings from New York REIT for $515 million. Prior to that deal, Columbia Property had acquired $1.7 billion worth of Manhattan properties between 2015 and 2017, according to Real Capital Analytics data.


Related Articles

arrow_forward_ios
Andrew Florance, CEO of CoStar (Photo by Jeffrey MacMillan for the Washington Post)

EXCLUSIVE: CoStar’s Andy Florance on buying Ten-X, the future of office buildings and why brokers don’t need discounts

EXCLUSIVE: CoStar’s Andy Florance on buying Ten-X, the future of office buildings and why brokers don’t need discounts
An institutional investor’s sale of a 7 percent stake in an exchange-traded real estate fund reveals deep concerns about the sector. (Credit: iStock)

Mystery investor dumps big stake in real estate fund

Mystery investor dumps big stake in real estate fund
Thor Equities’ big bet on Fulton Market is paying off

Thor Equities’ big bet on Fulton Market is paying off

Thor Equities’ big bet on Fulton Market is paying off
CEO Andrew Florance (Credit: CoStar via YouTube)

CoStar buying Ten-X for $190M

CoStar buying Ten-X for $190M
Small landlords, such as Jan Lee, a New York landlord who owns two buildings, say Wall Street players will take their place unless rent relief comes soon. (Credit: Twitter; background via BRYAN R. SMITH/AFP via Getty Images)

Small landlords call for rent relief package, fearing Wall Street takeover

Small landlords call for rent relief package, fearing Wall Street takeover
Cohen Brothers Realty president and CEO Charles Cohen and Cushman & Wakefield Chairman of Global Brokerage Bruce Mosler

Hear from billionaire Charles Cohen on today’s TRD Talk

Hear from billionaire Charles Cohen on today’s TRD Talk
Northwind's Ran Eliasaf

Northwind Group launches $220M debt fund focused on NYC

Northwind Group launches $220M debt fund focused on NYC
(Credit: iStock, Pixabay)

NY bill would let businesses take temperatures, refuse entry

NY bill would let businesses take temperatures, refuse entry
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...