Investor Presentaiton
FORWARD-LOOKING STATEMENTS
This presentation contains certain statements that may be considered forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements can generally be identified by our use of forward-looking terminology such as
"may," "will," "expect," "intend," "anticipate," "estimate," "believe," "continue," or other similar words. These forward-looking statements include information about possible
or assumed future results of the business and our financial condition, liquidity, results of operations, future plans, and objectives. They also include, among other things,
statements regarding subjects that are forward-looking by their nature, such as, our business and financial strategy; our guidance and underlying assumptions;
expectations on timing of completion of announced acquisitions; expectations on occupancy rates and additional growth in same store net operating income; the impact
of the COVID-19 pandemic on our results of operations; our ability to obtain future financing; future acquisitions and dispositions of operating assets; future repurchases
of common stock; and market and industry trends. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the
date this presentation is published, and which are subject to certain risks and uncertainties which could cause actual results to differ materially from those projected or
anticipated. These risks and uncertainties include, without limitation: risks affecting the real estate industry and the office sector, in particular (such as the inability to enter
into new leases, dependence on tenants' financial condition, and competition from other owners of real estate); risks relating to lease terminations, lease defaults, or
changes in the financial condition of our tenants, particularly by a significant tenant; risks relating to our ability to maintain and increase property occupancy rates and
rental rates; adverse economic or real estate market developments in our target markets; the risks of pandemics or other public health emergencies, including the
continued spread and impact of, and the governmental and third-party response to, the recent COVID-19 outbreak; the impact of social distancing, shelter-in-place,
border closings, travel restrictions, remote work requirements and similar governmental and private measures taken to combat the spread of COVID-19; risks relating to
the use of debt to fund acquisitions; availability and terms of financing; the ability to refinance indebtedness as it comes due; sensitivity of our operations and financing
arrangements to fluctuations in interest rates; reductions in asset valuations and related impairment charges; risks relating to construction, development, and
redevelopment activities; risks associated with joint ventures, including disagreements with, or misconduct by, joint venture partners; risks relating to repositioning our
portfolio; risks relating to reduced demand for, or over supply of, office space in our markets; risks relating to acquisition and disposition activities; potential liability for
uninsured losses and environmental contamination; potential adverse impact of market interest rates on the market price for our securities; and risks associated with our
dependence on key personnel whose continued service is not guaranteed.
We do not intend to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise. For additional risks and
uncertainties that may cause actual results to differ from expectations, see our Annual Report on Form 10-K for the year ended December 31, 2019, and subsequently
filed periodic reports.
The names, logos, and related product and service names, design marks, and slogans are the trademarks or service marks of their respective companies. When
evaluating the Company's performance and capital resources, management considers the financial impact of investments held directly and through unconsolidated joint
ventures. This presentation includes financial and operational information for our wholly-owned investments and our proportional interest in unconsolidated investments.
Unless otherwise indicated, statistics shown above are as of December 31, 2020, and reflect only those properties in which Columbia holds a majority
ownership interest, at 100% of these assets, including those held through joint venture partnerships.
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