Columbia Property Trust Announces Leadership Transition

Columbia Appoints Adam Frazier as President and CEO; Names Nelson Mills Non-Executive Chairman of the Board

NEW YORK--(BUSINESS WIRE)--Columbia Property Trust, Inc. today announced the appointment of Adam Frazier as President and Chief Executive Officer (CEO) of the company, effective September 19. Frazier, who most recently served as Head of New York - Vice President for Oxford Properties Group, will be responsible for leading Columbia’s long-term business strategy, capital allocation decisions, and oversight of day-to-day operations.

Frazier succeeds Nelson Mills, who has served as Columbia’s CEO since 2012. Mills will remain employed by Columbia, transitioning to the position of non-executive Chairman of Columbia’s board of directors. “We are excited to welcome Adam as President and CEO,” said Mills. “Adam possesses a wealth of experience and expertise across asset management, investments, and development that will greatly benefit Columbia and its stakeholders. As importantly, he has a proven ability to build and lead successful teams. I am proud of our team’s success, reputation, and culture and have every confidence that Adam will help take Columbia to even greater heights.”

“I’m excited to join Columbia’s incredibly talented and dedicated team of real estate professionals,” said Frazier. “Nelson and the team have built an exceptional company, portfolio, and business platform, which is well positioned for future growth and success. I look forward to leading Columbia’s next chapter alongside this outstanding team and leadership.”

Frazier joins Columbia after a successful tenure of nearly eight years at Oxford Properties Group, one of the largest privately held real estate development and ownership companies in North America. As Head of New York - Vice President for Oxford, Frazier most recently oversaw leasing, operations, and development in the company’s New York region.

Prior to Oxford, Frazier spent nearly seven years in leadership positions at Boston Properties, in Development and then as a Vice President of Leasing, where he was responsible for developing and executing a successful leasing program across the firm’s New York portfolio.

About Columbia Property Trust

Columbia Property Trust creates storied properties for legendary companies in New York, San Francisco, Washington D.C., and Boston. Columbia uses its experience in transactions, asset management and repositioning, leasing, development, and property management to grow value across its high-quality, eight million square foot portfolio of owned and managed assets. Columbia has been named a 2022 ENERGY STAR “Partner of the Year” by the E.P.A. and a “Green Lease Leader” by the U.S. Department of Energy, as well as one of Fortune’s “Best Workplaces in New York 2021” among Small and Medium-sized employers. For more information, please visit www.columbia.reit, and follow @columbiacxp on Instagram, Linked, and Twitter.