Gramercy Property Trust Acquires Four Facilities for a Total Purchase Price of Approximately $82 Million

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posted:7/1/2013
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Description: NEW YORK--(BUSINESS WIRE)--Gramercy Property Trust Inc. (NYSE: GPT) announced today that it has closed on four acquisitions: a wholesale automotive auction facility in Dallas, Texas, an industrial cold storage facility in Southern New Jersey and two cross-dock truck terminals located in Houston, Texas and Orlando, Florida. The wholesale automotive auction facility is located on a 175-acre land parcel in Hutchins, Texas (Dallas MSA), approximately 2.5 miles from the I-20 and I-45 interchange and
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