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Gramercy Property Trust Announces “At The Market” Offering Program

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Gramercy Property Trust Inc. (NYSE:GPT) , a real estate investment trust (the “Company”), announced today that it has filed a prospectus supplement under which it may from time to time sell an aggregate of up to $100 million of its shares of common stock through an “at the market” offering program. The shares may be offered through RBC Capital Markets, LLC, BNY Mellon Capital Markets, LLC, BofA Merrill Lynch, J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, JMP Securities LLC, Ladenburg Thalmann & Co. Inc. and SunTrust Robinson Humphrey, Inc., each of whom may act as sales agent.

Sales of shares of common stock, if any, may be made in negotiated transactions or transactions that are deemed to be “at the market” offerings as defined in Rule 415 under the Securities Act of 1933, as amended, including sales made directly on the New York Stock Exchange, or sales made to or through a market maker other than on an exchange.

The Company intends to use the net proceeds from any offering for general corporate purposes, including acquisitions of its target assets consistent with the Company’s investment strategies, repayment of debt and for working capital purposes.

The common stock will be offered pursuant to an effective shelf registration statement filed with the Securities and Exchange Commission (“SEC”). The offering will be made only by means of a prospectus supplement and the accompanying prospectus, copies of which may be obtained by contacting: RBC Capital Markets, LLC, Attention: Equity Syndicate, Brookfield Place, 200 Vesey Street, 8th Floor, New York, NY 10281-8098, or by calling (877) 822-4089; BNY Mellon Capital Markets, LLC, Attention Prospectus Department, 101 Barclay Street, 3rd Floor, New York, NY 10286 or by emailing a request to; BofA Merrill Lynch, 222 Broadway, New York, NY 10038, Attention: Prospectus Department, email:; J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717 or by calling 1-866-803-9204; Morgan Stanley & Co. LLC, 180 Varick Street, New York, New York 10014, Attention: Prospectus Department, telephone: (866) 718-1649; JMP Securities LLC, 600 Montgomery Street, 10th Floor, San Francisco, California 94111, Attention: Prospectus Department, (415) 835-8985; Ladenburg Thalmann & Co. Inc., 570 Lexington Ave., 11th Floor, New York, NY 10022, or by email at; or SunTrust Robinson Humphrey, Inc., STRH Prospectus Department, 3333 Peachtree Rd., NE, Atlanta, GA 30326, or by e-mailing or by telephone at 404-926-5744. These documents will also be filed with the SEC and will be available at the SEC’s website at

This press release shall not constitute an offer to sell or a solicitation of an offer to buy any of the securities, nor shall there be any sale of these securities, in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Gramercy Property Trust

Gramercy Property Trust Inc. is a fully-integrated, self-managed commercial real estate investment company focused on acquiring and managing income-producing industrial and office properties net leased to high quality tenants in major markets throughout the United States. The Company also operates a commercial real estate asset and property management business for third parties.

Forward-Looking Statements

This press release contains forward-looking information based upon the Company’s current best judgment and expectations. Actual results could vary from those presented herein. The risks and uncertainties associated with forward-looking information in this release include, but are not limited to, factors that are beyond the Company’s control, including the factors listed in the Company’s Annual Report on Form 10-K, in the Company’s Quarterly Reports on Form 10-Q and in the Company’s Current Reports on Form 8-K. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. For further information, please refer to the Company’s filings with the SEC.

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