Columbia Property Trust $514 million acquisition of three office buildings from New York REIT

Overview:

• Columbia Property Trust has acquired three office buildings from New York REIT for $514 million.
• All three building are located in Chelsea, Manhattan and one of them is Twitter's headquarters.
• Last year New York REIT undertook the $8.4 billion acquisition of JBG to form a real estate trust.

Katrin Kostadinova - Data analyst