Former Affiliates
In 2007, Wells REIT became self-advised, changed its name to Piedmont Office Realty Trust, and listed on the New York Stock Exchange (NYSE) under the ticker symbol PDM. Prior to self-management, the REIT had assets totaling nearly $5 billion.
In 2013, Wells REIT II became self-advised, changed its name to Columbia Property Trust, and listed on the NYSE under the ticker symbol CXP. Prior to self-management, the REIT had assets totaling over $5 billion and had achieved investment-grade ratings from S&P and Moody's.
In 2013, Wells Timberland REIT became self-advised, changed its name to CatchMark Timber Trust, and listed on the NYSE under the ticker symbol CTT. Prior to self-management, the REIT managed approximately 280,000 acres of timberland in Georgia and Alabama.