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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
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October 28, 2014
08:33 EDTGPTGramercy Property Trust acquires $10.1M industrial property in Miami, FL
Gramercy Property Trust closed the acquisition of an approximately 188,000 square foot industrial warehouse located in Miami, Florida. The property is 100% leased through October 2021 to a leading regional provider of document management services. Year 1 net operating income is approximately $772,900 with annual rent escalations throughout the term. The property was acquired all-cash in a sale leaseback transaction for a purchase price of approximately $10.1M.

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