New YorkOct 31, 2023Columbia Property Trust tees up Tribeca office-to-resi conversionREIT eyeing $115M for 101 Franklin — 40% off 2019 price
NationalOct 19, 2023PIMCO surrenders 20-hotel portfolioReal estate fund abandons $240M mortgage after properties’ value fell 16%
New YorkSep 18, 2023Elon Musk’s rent strike triggers Moody’s downgrade at Chelsea officeBuilding’s largest tenant, X, stopped paying a year ago
NationalSep 18, 2023Tranche warfare: Lenders tussle for control of distressed real estateWith equity wiped out, debtholders are fighting to save their own necks
New YorkSep 7, 2023City plans migrant shelter at converted LIC office buildingNew Jersey LLC owns 170K sf property on Austell Place
San FranciscoSep 21, 2022SF office tower leased to Wells Fargo shopped for saleBank will occupy entire 620K sf building for next 10 years
New YorkAug 24, 2022Oxford exec to lead Columbia Property TrustNelson Mills to be succeeded by Adam Frazier
San FranciscoJun 24, 2022Wells Fargo renews on 620K sf for San Francisco HQFinancial District lease for 10 more years biggest deal since start of pandemic
New YorkJun 17, 2022Columbia Property Trust lands $270M refi at 799 BroadwayBlackstone Mortgage Trust provided financing
New YorkMay 20, 2022Columbia Property Trust signs investment firm to 71K sf at 799 BroadwayBoston-based Wellington Management becomes fourth tenant at boutique building
New YorkFeb 22, 2022Sotheby’s auction house buys LIC’s Gantry Point for $82MSeller Columbia Property Trust converted the office building from a warehouse it acquired for $39M in 2018
New YorkFeb 18, 2022Construction unions pressure developers of Terminal WarehouseOrganized labor using pension fund as leverage against nonunion contractor
New YorkDec 7, 2021Columbia Property unloads Chelsea office for $170MDeal comes as REIT finalizes $4B sale to PIMCO
New YorkNov 4, 2021Columbia Property Trust notches second 799 Broadway tenantBain Capital Ventures moving to 12-story boutique office building
New YorkOct 4, 2021Columbia Property Trust signs online mortgage lender at 799 Broadway12-story boutique office building set to open in coming weeks
New YorkSep 21, 2021Adam Popper joins Thor Equities as VP of acquisitionsPopper was previously an executive with Columbia Property Trust
New YorkSep 7, 2021PIMCO buying Columbia Property Trust for $2.2BDeal by investment management firm valued at $3.9 billion including debt
San FranciscoAug 18, 2021Columbia Property Trust sues Thornton Tomasetti for unpaid rent in San FranciscoLandlord claims engineering firm owes more than $800K
New YorkJul 30, 2021Columbia Property Trust reports first net loss of pandemicExecutives expect lucrative leases in coming months
New YorkApr 30, 2021Columbia Property Trust ponders $2.2B takeover offerFirm sinks $2.4M into strategic review