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May 21, 2014
08:32 EDTGPTGramercy Property Trust acquires three properties for $39.6M
Gramercy Property Trust has acquired, in separate transactions, three properties totaling approximately 423,000 square feet for an aggregate purchase price of approximately $39.6M. Year 1 net operating income for the three properties totals approximately $2.8M and a weighted average lease term of approximately 11.5 years.
News For GPT From The Last 14 Days
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April 9, 2015
08:56 EDTGPTGramercy Property Trust 8.5M share Spot Secondary priced at $27.75
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06:07 EDTGPTGramercy Property Trust 7M share Spot Secondary; price range $27.25-$28.05
BofA/Merrill, Morgan Stanley, RBC Capital and JPMorgan are acting as joint book running managers for the offering.
April 8, 2015
16:05 EDTGPTGramercy Property Trust files to sell 7M shares of common stock
The Company intends to use the net proceeds from the offering to repay outstanding borrowings under its revolving credit facility, which is generally used to fund real estate acquisitions, including properties currently under contract or letter of intent. BofA Merrill Lynch, Morgan Stanley, RBC Capital Markets and J.P. Morgan are acting as joint book-running managers for the offering.
April 7, 2015
16:36 EDTGPTNYC says Gramercy Property Trust liable for NYC DOF Transfer Tax Assessment
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April 6, 2015
08:33 EDTGPTGramercy Property Trust acquires two properties for $26.9M
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