Columbia acquiring Normandy for $100M in New York real estate’s latest megamerger

Normandy | October 16, 2019

Columbia acquiring Normandy for $100M in New York real estate’s latest megamerger
Columbia Property Trust is buying Normandy Real Estate Management in a deal worth about $100 million, Columbia announced on Wednesday. Columbia has signed a definitive agreement to acquire Normandy’s operating platform, along with its general partner interests in a trio of active management funds, the company said. The transaction is expected to close by the end of the year.

Spotlight

2013 Commercial Real Estate Market Facts. $145 billion the amount of commercial real estate sold in the first six
months of 2013. 24% the increase in sales of properties
priced $2.5 million and above. 12% the increase in sales of properties priced $2 million and below.

Spotlight

2013 Commercial Real Estate Market Facts. $145 billion the amount of commercial real estate sold in the first six
months of 2013. 24% the increase in sales of properties
priced $2.5 million and above. 12% the increase in sales of properties priced $2 million and below.

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