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Press Release

Columbia Property Trust Releases First Quarter 2018 Results and Raises 2018 Guidance

Company Release - 4/26/2018 4:10 PM ET

NEW YORK--(BUSINESS WIRE)-- Columbia Property Trust, Inc. (NYSE: CXP) has released its quarterly update and financial results for the period ending March 31, 2018, by posting its First Quarter Form 10-Q and Supplemental Information package to the Investor Relations section of its website.

The Supplemental Information package contains a summary of financial results and highlights for the quarter on page three, and enumerates the following key points:

  • Portfolio now approximately 97% leased, with economic occupancy expected to increase substantially throughout the remainder of the year;
  • Reduced leverage after sale of 22.5% interest in University Circle and 333 Market to Allianz, our joint venture partner, for $235.3 million;
  • Raised 2018 guidance range.

Direct link to the Supplemental Information Package: http://ir.columbia.reit/file/4088372/Index?KeyFile=1500109974

To access the Form 10-Q, please visit: http://ir.columbia.reit/Docs

As previously announced, the Company will host a live conference call and audio webcast later today at 5:00 p.m. ET. The number to call to participate in the interactive teleconference is (412) 542-4180. To access the live webcast, interested parties may go to the Investor Relations section of Columbia’s website at least fifteen minutes prior to the start time of the call in order to register and to download and install any necessary audio software.

Direct link to the Conference Call Webcast: https://services.choruscall.com/links/cxp180426.html

A replay of the conference call will be available online in the Investor Relations section of the Company’s website at http://ir.columbia.reit shortly after the call and archived for approximately twelve months. The audio will also be available by telephone through May 3, 2018, by dialing (877) 344-7529 (passcode: 10118156).

About Columbia Property Trust
Columbia Property Trust (NYSE: CXP) owns and operates Class-A office buildings concentrated in New York, San Francisco, and Washington, D.C. Its portfolio includes 20 properties with over nine million square feet. Columbia carries an investment-grade rating from both Moody’s and Standard & Poor’s. For more information, please visit www.columbia.reit.

Columbia Property Trust, Inc.
Matt Stover, 404-465-2227
IR@columbia.reit

Source: Columbia Property Trust, Inc.

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