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Gramercy Property Trust Announces Closing of Public Offering of 10,350,000 Common Shares

NEW YORK--(BUSINESS WIRE)--Gramercy Property Trust (NYSE:GPT), a real estate investment trust, announced today the closing of the public offering of 10,350,000 common shares, which includes the exercise in full by the underwriters of their option to purchase up to an additional 1,350,000 common shares, at a public offering price of $27.60 per share.