0001193125-14-050447.txt : 20140213 0001193125-14-050447.hdr.sgml : 20140213 20140213132658 ACCESSION NUMBER: 0001193125-14-050447 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20140213 DATE AS OF CHANGE: 20140213 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Gramercy Property Trust Inc. CENTRAL INDEX KEY: 0001287701 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 061722127 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-80336 FILM NUMBER: 14604690 BUSINESS ADDRESS: STREET 1: 521 5TH AVENUE CITY: NEW YORK STATE: NY ZIP: 10175 BUSINESS PHONE: 212-297-1000 MAIL ADDRESS: STREET 1: 521 5TH AVENUE CITY: NEW YORK STATE: NY ZIP: 10175 FORMER COMPANY: FORMER CONFORMED NAME: GRAMERCY CAPITAL CORP DATE OF NAME CHANGE: 20040419 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: KBS Real Estate Investment Trust, Inc. CENTRAL INDEX KEY: 0001330622 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 202985918 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 620 NEWPORT CENTER DRIVE, SUITE 1300 CITY: NEWPORT BEACH STATE: CA ZIP: 92660 BUSINESS PHONE: 949-417-6500 MAIL ADDRESS: STREET 1: 620 NEWPORT CENTER DRIVE, SUITE 1300 CITY: NEWPORT BEACH STATE: CA ZIP: 92660 SC 13G/A 1 d676772dsc13ga.htm SC 13G/A SC 13G/A

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. 1)*

 

 

Gramercy Property Trust Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

38489R100

(CUSIP Number)

December 31, 2013

(Date of Event which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

¨ Rule 13d-1(b)

x Rule 13d-1(c)

¨ Rule 13d-1(d)

 

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 

CUSIP NO. 38489R100      

 

  1.   

NAMES OF REPORTING PERSONS.

 

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).

 

KBS Real Estate Investment Trust, Inc., IRS No. 20-2985918

  2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ¨        (b)  ¨

 

  3.  

SEC USE ONLY

 

  4.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Maryland

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

    5.    

SOLE VOTING POWER

 

0 (1)

   6.   

SHARED VOTING POWER

 

   7.   

SOLE DISPOSITIVE POWER

 

1,386,602

   8.   

SHARED DISPOSITIVE POWER

 

  9.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

1,386,602

10.  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES  ¨

 

11.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

1.9%

12.  

TYPE OF REPORTING PERSON

 

CO

Note:

 

(1) The Reporting Person entered into a Stockholder Agreement with the Issuer pursuant to which the Reporting Person agreed to vote all of its shares of Common Stock in accordance with the recommendation or direction of the Issuer’s board of directors.

 

(Page 2 of 6 Pages)

Item 1.      
(a)    Name of Issuer:
   Gramercy Property Trust Inc. (the “Issuer”)
(b)    Address of Issuer’s Principal Executive Offices:
   420 Lexington Avenue, New York, NY 10170
Item 2.      
(a)    Name of Person Filing:
   This statement is being filed by KBS Real Estate Investment Trust, Inc. (the “Reporting Person”).
(b)    Address of Principal Business Office or, if none, Residence:
   The address of the Reporting Person is: 620 Newport Center Drive, Suite 1300, Newport Beach, CA 92660.
(c)    Citizenship:
   The Reporting Person is incorporated in the state of Maryland.
(d)    Title of Class of Securities:
   Common Stock, $0.001 par value per share (the “Common Stock”)
(e)    CUSIP Number:
   38489R100
Item 3.    If this statement is filed pursuant to Rule 13d-1(b) or 13d-2(b) or (c), check whether the person filing is a:
(a)    ¨    Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)    ¨    Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)    ¨    Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)    ¨    Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)    ¨    An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
(f)    ¨    An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F);
(g)    ¨    A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G);

 

(Page 3 of 6 Pages)

(h)    ¨    A savings association as defined in section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)    ¨    A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)    ¨    A non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J);
   If filing as a non-US institution in accordance with Rule 13d-1(b)(l)(ii)(J), please specify the type of institution: _______________________;
(k)    ¨    Group, in accordance with Rule 13d-1(b)(1)(ii)(K).
Not applicable.
Item 4.    Ownership.
(a)    Amount beneficially owned:
   1,386,602 shares
(b)    Percent of class:
   1.9%
(c)    Number of shares as to which the person has:
   (i)    Sole power to vote or to direct the vote:
      0 shares (2)
   (ii)    Shared power to vote or to direct the vote:
      Not applicable.
   (iii)    Sole power to dispose or to direct the disposition of:
      1,386,602 shares
   (iv)    Shared power to dispose or to direct the disposition of:
      Not applicable.
Note:

(2)    The Reporting Person entered into a Stockholder Agreement with the Issuer pursuant to which the Reporting Person agreed to vote all of its shares of Common Stock in accordance with the recommendation or direction of the Issuer’s board of directors.

Item 5.    Ownership of Five Percent or Less of a Class.
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following  x.

 

(Page 4 of 6 Pages)

Item 6.    Ownership of More than Five Percent on Behalf of Another Person.
Not applicable.
Item 7.    Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person.
KBS Acquisition Sub-Owner 2, LLC, a Delaware limited liability company.
Item 8.    Identification and Classification of Members of the Group.
Not applicable.
Item 9.    Notice of Dissolution of Group.
Not applicable.
Item 10.    Certification.
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

 

(Page 5 of 6 Pages)

Signature

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Date: February 13, 2014

 

KBS REAL ESTATE INVESTMENT TRUST, INC.
By:   /s/ David E. Snyder
  Chief Financial Officer

 

(Page 6 of 6 Pages)