DLA Piper represented Columbia Property Trust Inc. in its purchase of an office tower in downtown San Francisco for US$228.8 million from Beacon Capital Partners LLC.

Columbia is one of the country’s largest office REITs and its acquisition of the 16-story, 387,943 square-foot building allows the company to achieve its objective of expanding in a high-performing, select primary market. Columbia holds US$5.1 billion in assets among 59 properties.

The DLA Piper team representing Columbia was led by partner Jeffrey Keitelman in both New York and Washington, DC, along with of counsel Joseph Miller, associate Kelly Booker and Leslie Schillig in Washington, DC.