PRINCETON, NJ—Chambers Street Properties has been authorized to list its common shares of beneficial interest on the New York Stock Exchange (NYSE) with trading commencing May 21 under the ticker symbol “CSG.”
“We believe this listing on the NYSE and becoming a publicly traded company enables us to continue to execute our asset management, portfolio growth and capital strategies designed to maximize shareholder value,” said Jack A. Cuneo, president and CEO of Chambers Street. “Listing Chambers Street on the NYSE is an important next step in helping the Company achieve its objective to build a premier real estate investment organization that seeks to create value for our shareholders through stable cash flow and long-term asset appreciation.”
Chambers Street Properties is headquartered in Princeton, N.J. and is a self-administered REIT. Founded in 2004, the company has acquired and developed an industrial and office portfolio.