Chambers Street Properties Announces 2014 Tax Treatment of Distributions

PRINCETON, N.J.--()--Chambers Street Properties (“Chambers Street” or the “Company”) (NYSE:CSG), a real estate investment trust focused on acquiring, owning and operating net leased industrial and office properties, today announced the income tax treatment of its 2014 distributions to holders of its common shares. For holders of Chambers Street’s common shares, the 2014 dividends of $0.5040 per share, annualized, include one monthly dividend declared in 2013 and paid in 2014, and 11 monthly dividends declared and paid in 2014. Additionally, the return of capital percentage on the common shares (Nondividend Distributions in the table below) is reported on Internal Revenue Service Form 8937 pursuant to U.S. tax basis reporting as required under Internal Revenue Code 6045B.

The 2014 dividend characteristics are as follows:

Chambers Street Properties Common Shares

CUSIP Number: 157842-105

Ticker Symbol: CSG

                           
Total Total Capital Unrecaptured
Record Payment Total Ordinary Qualified Gains Sec. 1250 Nondividend (1)
Date     Date     Distributions     Dividends     Dividends     Distributions     Gain     Distributions
12/31/2013 1/7/2014 $ 0.04200 $ 0.02667 $0 $ 0.00537 $ 0.00208 $ 0.00996
1/31/2014 2/7/2014 $ 0.04200 $ 0.02667 $0 $ 0.00537 $ 0.00208 $ 0.00996
2/28/2014 3/7/2014 $ 0.04200 $ 0.02667 $0 $ 0.00537 $ 0.00208 $ 0.00996
3/31/2014 4/7/2014 $ 0.04200 $ 0.02667 $0 $ 0.00537 $ 0.00208 $ 0.00996
4/30/2014 5/7/2014 $ 0.04200 $ 0.02667 $0 $ 0.00537 $ 0.00208 $ 0.00996
5/30/2014 6/6/2014 $ 0.04200 $ 0.02667 $0 $ 0.00537 $ 0.00208 $ 0.00996
6/30/2014 7/8/2014 $ 0.04200 $ 0.02667 $0 $ 0.00537 $ 0.00208 $ 0.00996
7/31/2014 8/7/2014 $ 0.04200 $ 0.02667 $0 $ 0.00537 $ 0.00208 $ 0.00996
8/29/2014 9/8/2014 $ 0.04200 $ 0.02667 $0 $ 0.00537 $ 0.00208 $ 0.00996
9/30/2014 10/7/2014 $ 0.04200 $ 0.02667 $0 $ 0.00537 $ 0.00208 $ 0.00996
10/30/2014 11/7/2014 $ 0.04200 $ 0.02667 $0 $ 0.00537 $ 0.00208 $ 0.00996
11/26/2014     12/8/2014     $ 0.04200     $ 0.02667     $0     $ 0.00537     $ 0.00208     $ 0.00996
Total     $ 0.50400     $ 0.32004     $0     $ 0.06444     $ 0.02496     $ 0.11952
 

Form 1099 Div Box Classificaiton

1a 1b 2a 2b 3
 
(1) Return of Capital
 

Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of the Company’s distributions.

About Chambers Street Properties (NYSE:CSG)

Chambers Street is a real estate investment trust focused on acquiring, owning and operating net leased industrial and office properties, leased to creditworthy tenants. As of September 30, 2014, Chambers Street owned or had a majority interest in 129 properties located across 20 U.S. states, France, Germany, and he United Kingdom encompassing approximately 36.3 million rentable square feet. For additional information, please visit www.ChambersStreet.com.

Contacts

Investor Relations
Chambers Street Properties
Heather Gentry
609-683-4900
Heather.Gentry@CSPREIT.com
or
Media
Tim Gallen
Tim@Gallen.com
or
Andrew Neilly, 925-930-9848
Andrew@Gallen.com

Chambers Street Properties