Gramercy Property Trust Inc. (NYSE:GPT), a real estate investment
trust, announced today that Allan J. Baum, the Company’s Lead
Independent Director since 2012, has been appointed as Chairman of the
Company’s board of directors, effective immediately.
The Company also announced the appointment of William H. Lenehan to the
Company’s board of directors. Mr. Lenehan’s tenure as a director
nominated and elected by the Company’s preferred stockholders expired on
January 15, 2014, upon the Company’s payment of all accrued and current
preferred dividends.
About Gramercy Property Trust
Gramercy Property Trust Inc. is a fully-integrated, self-managed
commercial real estate investment company focused on acquiring and
managing income-producing industrial and office properties net leased to
high quality tenants in major markets throughout the United States. The
Company also operates an asset management business that manages for
third-parties, including our joint venture partners, commercial real
estate assets throughout the United States primarily leased to financial
institutions and affiliated users.
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.
(GPT-IN)
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