Article: Columbia Equity Trust, Inc. Announces Closings for Acquisition of Two Initial Properties and Underwriters' Exercise of Over-Allotment Option.

WASHINGTON -- Columbia Equity Trust, Inc. (NYSE:COE) announced today that it closed on the acquisition of Loudoun Gateway IV on July 8, 2005. The Company also announced that it closed on July 15, 2005 its acquisition of a 40% interest in a limited liability company that acquired through a cash merger transaction the corporation that owns the Barlow Building. With these closings, Columbia Equity Trust has completed the formation transactions associated with its initial public offering and owns or holds interests in a portfolio of 13 commercial office properties containing an aggregate of 2.1 million net rentable square feet.

Loudoun Gateway IV is a four story, ...

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