Columbia Property Trust Names Carmen M. Bowser to Board of Directors

12/22/15

Carmen M. Bowser

ATLANTA--(BUSINESS WIRE)--Columbia Property Trust, Inc. (NYSE: CXP) has elected Carmen M. Bowser as a member of the Board of Directors, effective January 1, 2016.

Ms. Bowser has been active in the commercial real estate arena for 30 years, working for institutional lenders, banks and other capital providers. Most recently, as managing vice president at Capital One Bank, Ms. Bowser oversaw the underwriting and asset management activities for the bank’s $30 billion commercial real estate debt portfolio. Prior to Capital One, she held senior positions at Prudential, TIAA-CREF and Arbor National Commercial Mortgage Company. In addition to having responsibility for originating portfolio, agency and CMBS loans for clients in the U.S. and Canada, she also made investments in private equity funds, negotiated equity joint ventures and made direct property acquisitions. During her real estate career, Ms. Bowser has closed over $6 billion in transactions.

A long-time member of WX New York Women Executives in Real Estate, which recently named her its 2015 Woman of the Year, Ms. Bowser is also a member of the Urban Land Institute and the Real Estate Lenders Association, and she is a past chair of the Finance Committee of the Real Estate Board of New York.

"Carmen's vast experience, including leadership roles at some of the most respected real estate investment firms, gives her valuable perspective on our business," noted Nelson Mills, president and chief executive officer of Columbia Property Trust. "Having spent the majority of her career in New York City, Carmen also brings a wealth of knowledge about that key market. We will benefit greatly from her contributions and insight."

About Columbia Property Trust

Columbia Property Trust (NYSE: CXP) owns and operates Class-A office buildings in competitive, primarily CBD locations, and over half our investments are in high-barrier-to-entry, primary markets. As of December 10, 2015, our $5+ billion portfolio included 27 office properties containing 13.7 million square feet and one hotel, concentrated in San Francisco, New York, and Washington, D.C. For more information about Columbia, which carries an investment-grade rating from both Moody’s and Standard & Poor’s, please visit www.ColumbiaPropertyTrust.com.

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