Colonial Properties Trust Recruits Matt Golden as Senior Vice President of Retail Acquisitions.

BIRMINGHAM, Ala. -- Strengthening its retail acquisitions team, Colonial Properties Trust (NYSE: CLP) today named Matt Golden as senior vice president of acquisitions for its retail division. Golden brings extensive experience to his new post through a 20-year background in real estate acquisitions.

"Matt's depth of knowledge of the retail industry will bring additional strength to our retail acquisitions team," said Charles Light, executive vice president of the retail division. "We are thrilled that Matt is on board with Colonial Properties and expect that he and his team will bring us many exciting acquisition opportunities soon."

Golden comes to Colonial Properties from First Washington Realty, Inc., where he served as senior vice president and director of acquisitions. Prior to that assignment, Golden worked for GMS Realty, LLC in Carlsbad, Calif., as executive vice president and director of acquisitions and dispositions. Golden earned designation as a Certified Commercial Investment Member (CCIM), and is a member of the International Council of Shopping Centers (ICSC) and the Urban Land Institute. He also holds a California broker's license.

Colonial Properties Trust, through its subsidiaries, owns a portfolio of multifamily, office and retail properties where you live, work and shop in the Sunbelt. Colonial Properties Trust performs development, acquisition, management, leasing and brokerage services for its portfolio and properties owned by third parties. The company has a total market capitalization of approximately $5.5 billion. As of July 28, the company owned or managed 47,700 apartment units, 8.3 million square feet of office space and 13.5 million square feet of retail shopping space. Headquartered in Birmingham, Ala., Colonial Properties is listed on the New York Stock Exchange under the symbol CLP and is included in the S&P SmallCap 600 Index. For more information, visit www.colonialprop.com.