05-31 Affiliate of Paceline Investors, LLC acquired 142,700 square-foot property at 350 E. Plumeria Drive from Affiliate of Workspace Property Trust for $33 million. CI
03-03 Wentworth Property Company, LLC acquired Two-building, Class A office campus at 25500?25600 North Norterra Drive in Phoenix from Workspace Property Trust for $26.7 million. CI
23/09/25 Workspace Property Trust Signs New Lease with Freese and Nichols CI
04/02/25 Workspace Property Trust Secures New Lease with Hyundai Capital America At Suburban Atlanta Property CI
11/12/23 Loloft Signs 12 Year Lease for 50,000 Square Feet in Workspace Property Trust?S Premier Suburban Phoenix Location CI
28/12/22 Workspace Property Trust Acquires an Additional One Million Square Feet Across Six Class A Suburban Office Buildings for $170.4 Million from Griffin Realty Trust CI
27/12/22 Workspace Property Trust acquired a majority stake in six class A suburban office buildings from Peakstone Realty Trust for approximately $170 million. CI
28/11/22 Workspace Property Trust Appoints Stephan K. Pahides as Senior Vice President and General Counsel CI
29/08/22 Workspace Property Trust Acquires Approximately Eight Million Square Feet Across 53 Class A Suburban Office Buildings from Griffin Realty Trust CI
28/08/22 Workspace Property Trust, Jordan Bock, GIC Private Limited and others acquired an unknown majority stake in 18 million Square Feet in 22 Major Metropolitan Areas in US from Griffin Realty Trust, Inc. in a transaction valued at $1.1 billion. CI
23/08/21 Workspace Property Trust announced that it has received $326.5 million in funding from Oak Hill Advisors L.P. CI
18/06/18 Workspace Property Trust Completes $1.275 Billion Loan from JP Morgan Chase Bank, NA CI
05/02/18 Workspace Property Trust has withdrawn its IPO in the amount of $100 million. CI
Manager TitleAgeSince
Chief Executive Officer 69 31/05/2017
President 68 31/05/2017
Director of Finance/CFO - -
Director TitleAgeSince
Director/Board Member 68 31/05/2017
Chairman 69 31/05/2017

Financials

2015 2016
Net sales 42.19M 36.12M 33.76M 30.95M 58.15M 4.04B 59.31M 400M 156M 2.02B 158M 155M 6.71B 79.26M 67.85M 63.42M 58.14M 109M 7.58B 111M 751M 293M 3.8B 298M 291M 12.6B
Net income 9.75M 8.35M 7.81M 7.16M 13.44M 933M 13.71M 92.43M 36.02M 467M 36.62M 35.83M 1.55B -24.79M -21.22M -19.84M -18.18M -34.17M -2.37B -34.85M -235M -91.53M -1.19B -93.08M -91.05M -3.94B
Net Debt - -
Logo Workspace Property Trust
Workspace Property Trust is a United States based integrated real estate investment trust. The Company is primarily focused on acquiring, owning and operating office and flex real estate in United States suburban office submarkets. The Company has five reportable geographic segments and corporate segment. The geographic segments include Philadelphia, Minneapolis, Phoenix, South Florida and Tampa markets. The Company has a portfolio of 148 properties, totaling 9.9 million rentable square feet.
Employees
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Sector
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