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Gramercy Property Trust Announces Public Offering of 9,000,000 Common Shares

NEW YORK--(BUSINESS WIRE)--Gramercy Property Trust (NYSE: GPT), a real estate investment trust, announced today that it has commenced an underwritten public offering of 9,000,000 common shares. In connection with the offering, the Company intends to grant the underwriters of the offering a 30-day option to purchase up to an additional 1,350,000 common shares.