October 18, 2019
noted that Kelley Drye represented Columbia Property Trust in its acquisition of Normandy Real Estate Management, LLC, a leading developer, operator and investment manager of office and mixed-use assets.
The article, titled “Columbia Property Trust: Complements Growth Strategy with Acquisition of Normandy Real Estate Management,” reports that Columbia will acquire Normandy’s operating platform and its general partner interests in three active management funds in a cash and stock transaction with a total value of approximately $100 MM, exclusive of transaction and closing costs.
Multiple Kelley Drye attorneys across the corporate, tax and real estate practice areas worked to secure the acquisition for Columbia.
To read the full article, click here.