Columbia Property Trust repays $300 million unsecured bridge loan

By Tali Rackner

Norfolk, Va., March 18 – Columbia Property Trust, Inc. fully repaid its $300 million unsecured loan on March 12 with the proceeds from a senior note offering, according to an 8-K filing with the Securities and Exchange Commission.

The company took out the bridge loan on Jan. 6 to finance a portion of the real estate assets purchased in January.

The loan was originally scheduled to mature on July 6, 2015.

Columbia Property Trust is an Atlanta-based real estate investment trust that invests in commercial office properties.

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