Columbia Property Trust to Sell Offices in Atlanta, Pittsburgh to Focus on San Francisco, Washington Markets

Columbia Property Trust is planning to sell office holdings in Atlanta and Pittsburgh as part of its strategy to focus on more expensive markets such as San Francisco, Manhattan and Washington, D.C., as part of its next stage as a real estate investment trust.

With most of that transition “essentially complete” after sales in other secondary markets, Columbia’s Chief Executive Nelson Mills has tapped David Cheikin, formerly the vice president of…