News

Columbia Property Trust To Be Acquired By Funds Managed By Pacific Investment Management Company LLC In a $3.9 Billion Transaction

NEW YORK & NEWPORT BEACH, Calif.--(BUSINESS WIRE)-- Columbia Property Trust, Inc. (NYSE: CXP) today announced that it has entered into a definitive agreement to be acquired by funds managed by Pacific Investment Management Company LLC (collectively, “PIMCO”), one of the world’s premier global investment management firms, for $3.9 billion including Columbia’s proportionate share of consolidated and unconsolidated debt.
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CCG partner, Lisa Beeson, has been recognized as an “Influencer” among GlobeSt. Real Estate Forum’s Women of Influence Awards 2021 in the Broker / Intermediary – Debt & Equity Finance category.

CCG partner, Lisa Beeson, has been recognized as an “Influencer” among GlobeSt. Real Estate Forum’s Women of Influence Awards 2021 in the Broker / Intermediary – Debt & Equity Finance category. GlobeSt.'s annual list spotlights accomplished and impactful women leaders that influence the industry and are committed to professional mentoring and community and civic endeavors. Beeson is highlighted in the July/August issue of Real Estate Forum, the monthly email newsletter and GlobeSt.com
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Jera Asset Management and Invesco Real Estate Form Joint Venture to Acquire Industrial Real Estate with a focus on Distribution Centers, Logistics Properties, and Cold Storage Warehouses Seeded with Initial Portfolio of Nearly $500 million in Assets.

CHARLOTTESVILLE, Va. and DALLAS, June14, 2021/PRNewswire/ -- Invesco Real Estate, a global real estate investment manager, and Jera Asset Management (Jera), a national real estate investment firm focused on properties that arenet­ leased to quality credit tenants. have formed a strategic joint venture, Mercury Trust, to take advantage of the strong industrial markets.
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