Columbia Property Trust, Inc. (NYSE:CXP) acquired 315 Park Avenue South building and 1881 Campus Commons Drive building from Spear Street Capital for approximately $440 million on January 7, 2015. In a related transaction, Columbia Property Trust, Inc. acquired 116 Huntington Avenue building from Broadway Partners for approximately $150 million on January 8, 2014. The acquisitions are funded with a $300 million bridge loan, $140 million draw under Columbia's unsecured credit facility, and approximately $150 million of cash on hand.

Columbia Property Trust, Inc. (NYSE:CXP) completed the acquisition of 315 Park Avenue South building and 1881 Campus Commons Drive building from Spear Street Capital on January 7, 2015.