About GPT

About Us

Gramercy Property Trust (NYSE: GPT) is a leading global investor and asset manager of commercial real estate. We specialize in acquiring and managing income producing industrial real estate leased to high quality tenants in major markets across the United States and Europe.

About Us Video

GPT CIO, CEO and President in conversation

Timeline

Jul 2012New management team joins, led by Gordon F. DuGan.

2013

Dec 2012Closed $167 million in acquisition volume for the year.

Apr 2013Gramercy Capital Corp. becomes Gramercy Property Trust Inc. (NYSE: GPT) reflecting the new management and the company's reimagined industrial, net lease focus.

2014

Dec 2013Closed $361 million in acquisition volume for the year.

Dec 2014Announced the launch of Gramercy Europe plc, a European-focused net lease platform based in London in which GPT was a 14% joint venture owner.

Dec 2014Closed $636 million in acquisition volume for the year.

May 2015Received Moody's Baa3 issuer credit rating.

Jul 2015Announced stock-for-stock merger with Chambers Street Properties in which Gramercy stockholders received 3.1898 shares of Chambers Street for each share of Gramercy common stock that they owned.

2016

Dec 2015Closed $1.1 billion of acquisition volume for the year, in addition to completing the merger with Chambers Street.

Sep 2016Received Fitch BBB issuer credit rating.

Sep 2016Announced the launch of Strategic Office Partners, a joint venture with TPG Real Estate in which Gramercy is a 25% partner. Strategic Office Partners was launched with the intention to aggregate a diverse portfolio of single-tenant office assets in high-growth metropolitan areas in the United States up to $1 billion in assets over a three-year period.

Nov 2016Moved into new office HQ at 90 Park Avenue.

2017

Dec 2016Completed $1.5 billion in dispositions of predominantly non-core office properties inherited through the Chambers Street merger and recycled the capital into $1.4 billion of new industrial acquisitions over the course of the year.

May 2017Announced the sale of the assets of Gramercy Europe to a consortium of clients managed by AXA Investment Managers - Real Assets for approximately €1.0 billion ($1.1 billion).

Aug 2017Launched a new joint venture to acquire, own, and manage newly constructed, class A, e-commerce distribution facilities throughout the U.S.

Meeting in GPT office

Management Team

Gordon F. DuGan

Chief Executive Officer & Trustee

Gordon F.DuGan

Mr. DuGan is Chief Executive Officer, a Trustee of the Board of Gramercy Property Trust and Chairman of Gramercy Europe. Prior to joining Gramercy in July 2012, Mr. DuGan spent 22 years at W. P. Carey & Co. Mr. DuGan serves on the Board of Governors of the National Association of Real Estate Investment Trusts. Mr. DuGan received his Bachelor of Science in Economics with a concentration in Finance from the Wharton School of the University of Pennsylvania.

Benjamin P. Harris

President

Benjamin P.Harris, CFA

Benjamin P. Harris, CFA

bharris@gptreit.com | (212) 297-1002

Mr. Harris, CFA is President of Gramercy Property Trust. Prior to joining Gramercy in July 2012, Mr. Harris was Managing Director and Head of U.S. Investments at W. P. Carey & Co. Mr. Harris joined W. P. Carey in 1998 and became Head of U.S. Investments in 2005. He is a member of the NY Society of Securities Analysts. Mr. Harris graduated with joint degrees in Economics from University of Kings College and Dalhousie University in Canada.

Jon W. Clark CPA

Chief Financial Officer

Jon W.Clark, CPA

Mr. Clark is Chief Financial Officer, Chief Accounting Officer and Treasurer of Gramercy. Prior to April 2009, Mr. Clark was employed by an affiliate of SL Green Realty Corp. as Vice President and Controller. Prior to joining SL Green, Mr. Clark was a Director at BlackRock. He is a member of NAREIT’s Best Financial Practices Council. Mr. Clark graduated with a Bachelor of Business Administration degree in Accountancy from Western Michigan University.

Edward J. Matey Jr.

General Counsel

Edward J.Matey Jr.

Mr. Matey is Executive Vice President, Secretary and General Counsel. Prior to joining in April 2008, he was Executive Vice President and General Counsel of American Financial Realty Trust. Prior to that, he was a partner of Morgan Lewis & Bockius LLP. He received his Bachelor of Science degree from Saint Joseph's University and a Juris Doctor degree from Villanova University School of Law. He is licensed to practice law in Pennsylvania and New Jersey.

Nicholas L. Pell

Chief Investment Officer

Nicholas L.Pell

Nicholas L. Pell is the Chief Investment Officer at Gramercy Property Trust. Prior to joining Gramercy in July 2012, Mr. Pell was a Director in the Investment Department at W. P. Carey & Co. Prior to joining W.P. Carey, he was a Director of Business Development at Sony Pictures Entertainment. He serves on the board of the Newport Festivals Foundation. Mr. Pell received a B.A. in Economics from Duke University and an M.B.A. from Harvard Business School.

Britton T. Winterer

Managing Director

Britton T.Winterer

Mr. Winterer joined in October 2014 and serves as Head of Asset Management - Industrial, in addition to being responsible for Gramercy's Build-to-Suit business. Prior to joining Gramercy, Mr. Winterer served as a Director at RREEF. From 2000 to 2006, Mr. Winterer worked for Catellus Development, and its subsequent company, Prologis. Mr. Winterer graduated with a B.A. in Biology from Williams College and a M.S. in Civil Engineering from Stanford University.

Allan B. Rothschild

Managing Director

Allan B.Rothschild

Allan B. Rothschild is a Managing Director of Gramercy Property Trust and is the Chief Transaction Officer. Previously, Mr. Rothschild served as Co-Head and General Counsel of Gramercy Asset Management. Prior to joining Gramercy in December 2007, he was a principal at Prism Venture Partners. Mr. Rothschild received his Bachelor of Science degree from Emory University and a Juris Doctor degree from the Benjamin N. Cardozo School of Law.

Peter M. Tubesing

Managing Director

Peter M.Tubesing

Mr. Tubesing is Managing Director of Gramercy Property Trust, Head of Gramercy Asset Management - Office. Additionally, he is Managing Partner of Strategic Office Partners. Prior to joining Gramercy in June 2006, Mr. Tubesing was an Investment Officer at Divcowest Properties, LLC. Mr. Tubesing received a Bachelor of Arts in History from Yale University.

Sonya A. Huffman

Managing Director

Sonya A.Huffman

Ms. Huffman is the Head of Operations and Managing Director at Gramercy Property Trust. Prior to joining Gramercy in April 2008, Ms. Huffman was Senior Vice President at American Financial Realty Trust. Prior to American Financial, Ms. Huffman spent two years at Morgan, Lewis & Bockius LLP and three years in Rite Aid Corporation's Corporate Real Estate Department. Ms. Huffman received her Bachelor of Arts from University of Delaware.

Board of Trustees

Charles E. Black

Non-Executive Chairman & Independent Trustee

Charles E.Black

Charles E. Black

Chief Executive Officer of CB Urban Development, a development company Mr. Black founded in 2007 which specializes in mixed-use urban development projects. Former Regional Senior Vice President (San Diego region) of The Irvine Company. Mr. Black served as a trustee of Chambers Street Properties' (NYSE: CSG) since June 2004 and was the Chambers Street's Non-Executive Chairman of the Board of Trustees since June 2012.

Gordon F. DuGan

Chief Executive Officer & Trustee

Gordon F.DuGan

Mr. DuGan is Chief Executive Officer, a Trustee of the Board of Gramercy Property Trust and Chairman of Gramercy Europe. Prior to joining Gramercy in July 2012, Mr. DuGan spent 22 years at W. P. Carey & Co. Mr. DuGan serves on the Board of Governors of the National Association of Real Estate Investment Trusts. Mr. DuGan received his Bachelor of Science in Economics with a concentration in Finance from the Wharton School of the University of Pennsylvania.

Allan J. Baum

Independent Trustee

Allan J.Baum

Allan J. Baum

Former Credit Suisse First Boston Managing Director and head of the structured finance unit for commercial mortgage-backed securities. Mr. Baum served as Chairman of the Board of Directors of Gramercy Property Trust Inc.

Z. Jamie Behar

Independent Trustee

Z. JamieBehar

Z. Jamie Behar

Former Managing Director of Real Estate & Alternative Investments and Member of the Board of Directors of General Motors Investment Management Corporation (GMIMCo). Ms. Behar also served as a Portfolio Manager at GMIMCo.

Thomas D. Eckert

Independent Trustee

Thomas D.Eckert

Thomas D. Eckert

Former President and CEO of Capital Automotive Real Estate Services, Inc., a privately owned real estate company that owns and manages net-leased real estate for automotive retailers. Mr. Eckert is a member of three public company boards, including (i) Chesapeake Lodging Trust, (ii) DuPont Fabros Technology and (iii) NVR, Inc.

James L. Francis

Independent Trustee

James L.Francis

James L. Francis

President and Chief Executive Officer and a Trustee of Chesapeake Lodging Trust, a lodging REIT ('Chesapeake'), positions he has held since Chesapeake's formation. Prior to co-founding Chesapeake, Mr. Francis served as the President and Chief Executive Officer and a director of Highland Hospitality Corporation ('Highland'), positions that he held from Highland's IPO in December 2003 to its sale in July 2007.

Greg Hughes

Independent Trustee

Gregory F.Hughes

Gregory F. Hughes

Principal at Roscommon Capital Limited Partnership, a financial advisory and investment firm. Mr. Hughes was a former Chief Operating Officer and Chief Financial Officer of SL Green Realty Corp.

Jeffery E. Kelter

Independent Trustee

Jeffrey E.Kelter

Jeffrey E. Kelter

Former Co-founder and Chief Executive Officer of KTR Capital Partners. Mr. Kelter was the former President and Chief Executive Officer and a trustee of Keystone Property Trust, an industrial REIT.

Louis P. Salvatore

Independent Trustee

Louis P.Salvatore

Louis P. Salvatore

Part-time advisor to Arthur Andersen LLP focusing on the wind down of the public accounting practice. Former Office Managing Partner for Metro New York, Northeast Region Managing Partner, Member of the Worldwide Board of Partners and Interim Managing Partner of Andersen Worldwide.