GRAMERCY PROPRT (GPT) Downgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research downgraded shares of GRAMERCY PROPRT (GPT) from N/A to NEUTRAL on May 29, 2014, with a target price of $6.10.

Gramercy Property Trust Inc. operates as a commercial real estate investment and asset management company organized as a real estate investment trust. The Company owns and operates office and industrial properties, net leased on a long-term basis to tenants. Gramercy Property Trust Inc., formerly known as Gramercy Capital Corp., is headquartered in New York.

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