Colonial Properties Trust is a real estate investment trust (REIT) that creates value for its shareholders through a multifam ... ily focused portfolio and the management and development of select commercial assets in the Sunbelt region of the United States. As of March 31, 2010, the company owned or managed 34,230 apartment units, 17.9 million square feet of commercial space. Headquartered in Birmingham, Alabama, 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, please visit the company's website at www.colonialprop.com. read more