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Industrial average asking rents in the outer boroughs increased nearly 16% last quarter, but that doesn t mean all properties will experience meteoric rises.
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Constance B. Moore has been appointed as chair of its board of directors. Moore, who has served as an independent director on Columbia’s board since 2017, succeeds John L. Dixon, who has served as chair since 2012 and as a member of Columbia’s board of directors since 2008. Dixon has elected to step down as chair but will continue as an independent director on the board. Moore has more than 40 years of experience in the real estate industry, most recently serving as president, CEO, and a board member of BRE Properties. She previously held executive positions with Security Capital Group & Affiliates.