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Moody’s Assigns Gramercy Property Trust Investment Grade Rating

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Gramercy Property Trust Inc. (NYSE:GPT) , a real estate investment trust, announced today that Moody’s Investors Service has assigned the Company’s operating partnership, GPT Property Trust LP, a Baa3 issuer rating with a stable outlook.

Benjamin P. Harris, Gramercy’s President, stated, “Receiving an investment grade credit rating from Moody’s represents another significant milestone in Gramercy’s evolution as a best-in-class net-lease REIT. We believe the rating affirms the quality of the portfolio we have assembled over the last three years and will afford the Company additional financial flexibility as we continue to grow our business.”

About Gramercy Property Trust

Gramercy Property Trust Inc. is a leading global investor and asset manager of commercial real estate. Gramercy specializes in acquiring and managing single-tenant, net-leased industrial and office properties purchased through sale-leaseback transactions or directly from property developers and owners. We focus on income producing properties leased to high quality tenants in major markets in the United States and Europe.

To review the Company’s latest news releases and other corporate documents, please visit the Company’s website at www.gptreit.com or contact Investor Relations at 212-297-1000.

Forward-looking Information

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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