ATLANTA–Columbia Property Trust, Inc. (NYSE:CXP) announced today that David Dowdney, formerly of GE Capital Real Estate, has been appointed Senior Vice President, Western Region, effective June 27, 2014. In this role, Mr. Dowdney will oversee all transaction and investment management activities for the company in the western United States. He will be based in San Francisco, where he will establish a regional office.
“We are excited to welcome David Dowdney to the senior management team of Columbia Property Trust,” said Nelson Mills, President and Chief Executive Officer of Columbia Property Trust. “With David’s appointment and that of his Eastern Region counterpart, Brian Berry, we now have the leadership in place to advance our strategy for value creation in our key eastern and western U.S. markets. David brings extensive regional contacts and relationships to Columbia, as well as a long track record of success. I look forward to working with him as he leads our Western Region team to execute that strategy and position our existing assets there to maximize value for shareholders.”
Mr. Dowdney has nearly 20 years of commercial real estate experience, the majority concentrated in the Western U.S. He spent the last five years leading the 20-person professional team overseeing all leasing, asset management, and capital markets activities for GE Capital Real Estate’s 15 million square foot U.S. office/R&D portfolio. He also has led asset management and real estate strategy and transaction activities for Divco West Properties and Jones Lang LaSalle.
About Columbia Property Trust
One of the nation’s largest office REITs, Columbia Property Trust invests in high-quality commercial office properties in primary U.S. markets and has achieved an investment-grade rating from both Moody’s and Standard & Poor’s rating services. Columbia Property Trust’s portfolio includes 44 properties, consisting of 60 operational buildings and comprising approximately 16.8 million square feet located in 13 states and the District of Columbia. For information about Columbia Property Trust, visit www.ColumbiaPropertyTrust.com