At the end of the first quarter, Thompson held a total of 2.07 million shares of Gramercy Property Trust Inc (NYSE:GPT) valued at $58.25 million. That was a dip from the previous 13F reporting period, when the fund held 2.30 million shares of the real estate investment trust (REIT). Gramercy recently received an investment-grade credit rating from Moody's, which is a notable milestone within its net-lease REIT sector and in the stock market in general. Two firms that recently covered the stock gave it a recommendation of "Strong Buy." Gramercy Property Trust Inc (NYSE:GPT) beat Thomson Reuters' earnings per share estimate for the first quarter, posting $0.43, a beat of $0.03. Gramercy today announced the closure of its purchase of two adjacent, single-tenant industrial properties in Orlando, Florida, for $15.5 million.