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Real Estate

Columbia Property Trust | Reit | Morgan Stanley

by therealdeal.com posted 2weeks ago 29 views
Columbia Property Trust has sought an advisor after the real estate investment trust was approached by multiple companies for an acquisition. The Atlanta-based firm, which owns a 19-property portfolio with 9 million square feet, has hired Morgan Stanley to consult for a possible acquisition after it was approached with several offers, according to Bloomberg. However, none of the offers appear promising, the outlet reported. By midday Thursday, the company’s stock climbed 5 percent to $24.73, […]

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