New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
May 14, 2014
08:02 EDTGPTGramercy Property Trust 40M share Secondary priced at $4.98
The deal size was increased to 40M shares from 34M shares. Morgan Stanley, BofA/Merrill and JPMorgan acted as joint book running managers for the offering.
News For GPT From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
July 28, 2015
08:36 EDTGPTGramercy Property acquires $46.8M property in Minneapolis
Gramercy Property Trust announced that it closed on the acquisition of an industrial property totaling approximately 585,200 square feet in Fridley, Minnesota. The property consists of an R&D, testing and prototype industrial facility that is currently undergoing renovation. The building is 100% leased to a global defense, security and aerospace company through October 2025, which has either directly or through its predecessor companies operated out of the facility for over 70 years. Upon completion of the renovation in November 2015, Year 1 net operating income is anticipated to be approximately $3.4M with yearly escalations in rent throughout the lease term. The property was acquired all-cash for a purchase price of $46.8M.
July 23, 2015
08:31 EDTGPTGramercy Property buys distribution facility in Philadelphia for $26.1M
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the disclaimer & terms of use