Chambers Street Properties (NYSE: CSG) (“Chambers Street” or the “Company”) announced today the final results of its modified “Dutch Auction” tender offer for the purchase of up to $125 million in value of its Common Shares of Beneficial Ownership, par value $0.01 per share (the "Common Shares") from its shareholders, which expired at 5:00 p.m., New York City time, on June 19, 2013. Wells Fargo Securities, LLC and Citigroup Global Markets Inc. acted as the dealer managers for the tender offer. Pursuant to the tender offer, the Company has accepted for purchase 12,376,237 Common Shares at a purchase price of $10.10 per share, for an aggregate cost of approximately $125,000,000, excluding fees and expenses relating to the tender offer. The 12,376,237 Common Shares accepted for purchase in the tender offer represent approximately 4.97% of Chambers Street's issued and outstanding Common Shares as of June 19, 2013. Based on the final count by Computershare Trust Company, N.A., the paying agent and depositary for the tender offer, a total of 75,434,576 Common Shares were properly tendered and not properly withdrawn at or below the final purchase price of $10.10 per share. The 75,434,576 Common Shares properly tendered and not properly withdrawn at or below the final purchase price of $10.10 per share represent approximately 30.30% of the Company's issued and outstanding Common Shares as of June 19, 2013. Due to the oversubscription of the tender offer, based on the final count described above, Chambers Street will accept for purchase on a pro rata basis approximately 16.19% of the Common Shares properly tendered and not properly withdrawn at or below the purchase price of $10.10 per Common Share by each tendering stockholder (other than “odd lot” holders, whose Common Shares will be purchased on a priority basis). Payment for the Common Shares accepted for purchase under the tender offer, and return of all other Common Shares tendered and not purchased, will occur promptly, in accordance with applicable law.