Columbia Property Trust announces new CEO

Columbia Property Trust has appointed Adam Frazier as president and CEO, effective Sept. 19.

Frazier succeeds Nelson Mills, who has served as Columbia’s CEO since 2012. Mills will remain employed by Columbia, transitioning to the position of non-executive chairman of Columbia’s board of directors.

Frazier, who most recently served as head of New York -- vice president for Oxford Properties Group, will be responsible for leading Columbia’s long-term business strategy, capital allocation decisions, and oversight of day-to-day operations. Prior to Oxford, Frazier spent nearly seven years in leadership positions at Boston Properties, in Development and then as a vice president of Leasing, where he was responsible for developing and executing a successful leasing program across the firm’s New York portfolio.