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Gramercy Property Trust Is Poised To Profit

I am upgrading Gramercy to a STRONG BUY.

Summary

  • Gramercy has grown from 47% industrial-owned to over 77%.
  • Gramercy has the second youngest building age at 13 years, and the average clear height is 31 feet.
  • Gramercy has one of the longest average lease terms, greater than 7 years on the existing portfolio.
  • I am upgrading Gramercy to a STRONG BUY.

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