Gordon F. DuGan, Chief Executive Officer of Gramercy Property Trust, commented, “We’ve had a very busy second quarter 2013, closing $131. million in new acquisitions and adding a number of high quality net leased assets to the portfolio. Our investments during the second quarter had an average lease term of 15.1 years and an average cap rate of 8.0% (cash) / 9.0% (GAAP). We are extremely pleased with the pace and quality of transactions we are able to source and close and continue to focus on building a best-in-class, net lease portfolio.”About Gramercy Property Trust Gramercy Property Trust Inc. is a self-managed, integrated commercial real estate investment and asset management company. The Company owns, directly or in joint ventures, 105 assets totaling approximately 6 million square feet, net leased on a long-term basis to high quality corporate tenants, in a variety of industries. The Company’s property management business, operating under the name Gramercy Asset Management, currently manages for third-parties, approximately $1.9 billion of commercial properties leased primarily to regulated financial institutions and affiliated users throughout the United States. The Company is headquartered in New York City and has regional offices in Jenkintown, Pennsylvania, and St. Louis, Missouri. 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. (GKK-EN) 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 and in the Company's Quarterly Reports on Form 10-Q. 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.