Colonial Properties Trust
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Colonial Properties Trust (NYSE: CLP) is a multifamily focused real estate investment trust (REIT). Colonial develops, manages, and leases retail, office and multi-family properties. Its headquarters are located in Colonial Plaza, 2101 6th Avenue North at the corner of Richard Arrington Jr Boulevard North.
History
Founded in 1970 in Montgomery, the company later moved its headquarters to Birmingham. The company went public in September 1993. As of December 31, 2006 the company owns or manages 39,104 apartment units, 17.6 million square feet of office space and 12.1 million square feet of retail shopping space located in key Sunbelt states spanning Virginia to Nevada.
Birmingham District retail projects
- Birmingham
- Colonial Shoppes Colonnade
- Homewood
- Colonial Brookwood Village
References
- Carl Cronan. (February 4, 2005). "Colonial expansion: REIT snaps up coveted Westshore buildings." Tampa Bay Business Journal.
- Colonial Properties. (June 7, 2007) [1]. Wikipedia, The Free Encyclopedia. Accessed June 15, 2007.