Columbia Property Trust (CXP) Tops Q1 FFO by 9c

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Sunstone Hotel Investors Announces Changes To The Board Of Directors

April 29, 2016 6:50 AM EDT

ALISO VIEJO, Calif., April 29, 2016 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) today announced that W. Blake Baird and Murray J. McCabe have been elected to the Company's Board of Directors.  In addition, Lewis N. Wolff, a Director since 2004, did not stand for reelection and has retired from the Board.  These changes are effective as of April 28, 2016 and have expanded the Board to nine members, including eight independent Directors.

Mr. Baird is the co-founder of Terreno Realty Corporation (NYSE:... More

Columbia Property Trust Reports First Quarter 2016 Results

April 28, 2016 4:09 PM EDT

ATLANTA--(BUSINESS WIRE)-- Columbia Property Trust, Inc. (NYSE: CXP) reported financial results today for the first quarter ended March 31, 2016.

Highlights:

For the first quarter of 2016, Normalized Funds from Operations (FFO) per diluted share was $0.44, Adjusted Funds from Operations (AFFO) per diluted share was $0.38, and Net Income per diluted share was $0.05 Continued our shift to high-barrier markets... More

ADDING MULTIMEDIA Columbia Property Trust Leases Entire 222 East 41st Street Building to NYU Langone Medical Center

April 28, 2016 12:22 PM EDT

25-Story Midtown Tower Will House NYU Langone Offices and Healthcare Facilities

ATLANTA & NEW YORK--(BUSINESS WIRE)-- Columbia Property Trust, Inc. (NYSE: CXP) today announced that it has signed a 30-year lease with NYU Langone Medical Center for the entirety of its 25-story office tower at... More