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Stock Market & Financial Investment News

News Breaks
June 3, 2014
08:35 EDTGPTGramercy Property Trust announces acquisition of $9.5M industrial facility
Gramercy Property Trust closed the acquisition of an approximately 176,000-square-foot production and warehouse bottling facility located in Tampa, Florida. The building is 100% leased through January 2020 to a leading beverage producer. Year 1 net operating income is approximately $748,000 with annual rent escalations throughout the lease term. The facility was acquired all-cash for a purchase price of approximately $9.5M.
News For GPT From The Last 14 Days
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September 19, 2014
17:30 EDTGPTGramercy Property Trust files to sell $100M of common stock
On September 19, Gramercy Property Trust and its operating partnership, GPT Property Trust LP, entered into separate equity distribution agreements with RBC Capital Markets, LLC, BNY Mellon Capital Markets, LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, JMP Securities LLC, Ladenburg Thalmann & Co. Inc. and SunTrust Robinson Humphrey, Inc. In accordance with the terms of the equity distribution agreements, the company may offer and sell shares of its common stock having an aggregate offering price of up to $100M from time to time through the sales agents.
September 12, 2014
08:32 EDTGPTGramercy Property Trust acquires $20M industrial property in California
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