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Chambers Street Properties Announces Appointment of Interim President and Chief Executive Officer

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Chambers Street Properties (NYSE:CSG) (“Chambers Street” or the “Company”), a real estate investment trust focused on acquiring, owning and operating net leased industrial and office properties, today announced that, effective immediately, Martin Reid, Chief Financial Officer, has been appointed to serve as Interim President and Chief Executive Officer until a permanent President and Chief Executive Officer is named. He will continue to serve as Chief Financial Officer of the Company.

Mr. Reid has served as the Company’s Chief Financial Officer since June 2012, its Treasurer and Secretary since September 2012, and a member of the board of trustees since March 2005.

In connection with the appointment of an Interim President and Chief Executive Officer, Jack Cuneo retired from his position as President and Chief Executive Officer and resigned from the board of trustees effective immediately.

The Company’s Nominating and Corporate Governance Committee continues to make progress in its search for a permanent President and Chief Executive Officer and a replacement member for the board of trustees.

About Chambers Street Properties (NYSE:CSG)

Chambers Street is a real estate investment trust focused on acquiring, owning and operating net leased industrial and office properties, leased to creditworthy tenants. As of December 31, 2014, Chambers Street owned or had a majority interest in 128 properties located across 19 U.S. states, France, Germany, and the United Kingdom encompassing approximately 37.7 million rentable square feet.

For additional information, please visit www.ChambersStreet.com.

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