trending Market Intelligence /marketintelligence/en/news-insights/trending/boavirdhqxzmx04oxv4yeg2 content
BY CONTINUING TO USE THIS SITE, YOU ARE AGREEING TO OUR USE OF COOKIES. REVIEW OUR
PRIVACY & COOKIE NOTICE
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *

* Required

In this list

Columbia Property Trust unloads Newark, NJ, office property for $175M

Independent Networks Gain Little Traction On Virtual Multichannel Services

Big Strategy Decisions Ahead For Viacom As It Moves Into The CBS Fold

Street Talk Episode 48 - Bank M&A, Investing Against An Inverted Yield Curve Overview

Asia OTT Leaders Continue To Expand Partnerships With Telcos


Columbia Property Trust unloads Newark, NJ, office property for $175M

ColumbiaProperty Trust Inc. completed the sale of an office property inNewark, N.J., for gross proceeds of $174.5 million.

The 80Park Plaza class A office asset was sold to Nightingale Properties.The downtown property is 85% let, and totals 973,000 square feet. It serves asthe headquarters of electric and gas service provider PSEG.

The sale is part of the company's to off-load nearly $700 million to$1 billion of noncore assets. The company has shed approximately $532 millionworth of assets so far in 2016, according to a news release.