Exec Adam Popper is out at Columbia Property Trust

REIT confirms departure during earnings call

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
As office market laguishes, single-tenant buildings pose risk to landlords (iStock)
Single-tenant office buildings face higher risk of default
Single-tenant office buildings face higher risk of default
 Jorge Madruga of Maddd Equities and 700 West 192nd Street (Google Maps, Getty)
Brooklyn, Manhattan tenants sue landlords over alleged 421a abuse
Brooklyn, Manhattan tenants sue landlords over alleged 421a abuse
Nate Paul of World Class Holdings (Facebook/GreatValueStorage, iStock)
Great Value Storage files for bankruptcy to stop foreclosure
Great Value Storage files for bankruptcy to stop foreclosure
JPMorgan CEO Jamie Dimon and 270 Park Avenue (Getty, Google Maps)
JPMorgan Chase will embrace “flexible” design for 270 Park HQ
JPMorgan Chase will embrace “flexible” design for 270 Park HQ
Though some companies have received fat PPP payouts, real estate received just 4.6% of the loans distributed in New York. (iStock)
Real estate receives just 5% of New York’s PPP loans
Real estate receives just 5% of New York’s PPP loans
1135 Lexington Avenue and Nir Meir (Google Maps, iStock)
Judge rules against Nir Meir in HFZ’s $19M default case
Judge rules against Nir Meir in HFZ’s $19M default case
Eric Adams (Getty, iStock/Illustration by Alexis Manrodt for The Real Deal)
Brooklyn developers, lobbyists poured money into Eric Adams nonprofit
Brooklyn developers, lobbyists poured money into Eric Adams nonprofit
The Assemblage occupies the top 13 floors of the building. (Prodigy, Assemblage)
Prodigy-backed co-working facility facing foreclosure
Prodigy-backed co-working facility facing foreclosure
arrow_forward_ios

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

Loading...