Colonial Properties Trust Completes Equity Offering Program

Colonial Properties Trust CLP today announced that it has completed its at-the-market equity offering program, which resulted in the sale of 6,328,026 common shares generating net proceeds of approximately $99 million. The ATM was announced on July 30, 2010, and as of August 2, 2010 had issued 6,328,072 shares at an average price of $15.80 per share, including pending trades.