Gramercy Property Trust (GPT) puts more money to work, closing on the acquisitions of two...


Gramercy Property Trust (GPT) puts more money to work, closing on the acquisitions of two cross-dock truck terminals - one on Long Island, one in Maryland - for a total of about $9.8M in cash. The cap rate on the Long Island purchase is 7.6%, and on the Maryland property is 8.3%. (PR)

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