Company Description (as filed with the SEC)
Gramercy Capital Corp., or the “Company” or “Gramercy”, is a self-managed, integrated commercial real estate investment and asset management company. In June 2012, following a strategic review process completed by a special committee of our board of directors, we announced that we will focus on deploying our capital into income-producing net leased real estate. Our new investment criteria focuses on net lease investments in markets across the United States. As of December 31, 2012, we own directly or in joint venture, a portfolio of 116 office and industrial buildings totaling approximately 4.9 million square feet, net leased on a long-term basis to tenants, including Bank of America, Nestlé Waters, Philips Electronics and others. We also have an asset and property management business which operates under the name Gramercy Asset Management (formerly Gramercy Realty) and currently manages for third-parties approximately $1. ... More ...