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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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December 11, 2014
08:13 EDTGPTGramercy Property Trust 52M share Secondary priced at $5.90
The deal size was increased to 52M shares from 45M shares. Morgan Stanley, BofA/Merrill, JPMorgan and RBC Capital acted as joint book running managers for the offering.
December 9, 2014
16:37 EDTGPTGramercy Property Trust files to sell 45M shares of common stock
Morgan Stanley, BofA Merrill Lynch, J.P. Morgan and RBC Capital Markets are acting as joint book-running managers for the offering.
16:32 EDTGPTGramercy Property sees FY1 adj. FFO 45c-50c, may not compare with consensus (5c)
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16:25 EDTGPTGramercy Property Trust increases dividend 43% to 5c
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16:24 EDTGPTGramercy Property Trust to acquire $399M portfolio
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