G&I V CRT LLC Successfully Completes Tender Offer to Purchase up to 1,152,594 Preferred Shares of DRA CRT Acquisition Corp.

DRA CRT Acquisition Corp. (the “Company”) today announced the successful completion and results of the previously announced tender offer by G&I V CRT LLC (the “Purchaser”) to purchase up to 1,152,594 shares in the aggregate, or 70%, of the issued and outstanding 8-1/2% Series A Cumulative Redeemable Preferred Stock, $0.01 par value per share (CUSIP No. 23330C205) (“Preferred Shares”), of the Company at a purchase price of $18 per share, net to the seller in cash, less any applicable withholding taxes and without interest or accrued and unpaid dividends (the “Offer”). The Purchaser is a wholly-owned subsidiary of DRA G&I Fund V Real Estate Investment Trust, which is an indirect owner of 100% of the Company's common stock.

The Offer expired, as scheduled, at 11:59 p.m., New York City time, on August 17, 2012 and was not extended.

The Tender Agent for the Offer has advised the Purchaser that a total of 939,784 Preferred Shares were validly tendered and not withdrawn. An additional 685 Preferred Shares were tendered subject to guaranteed delivery procedures. All of such validly tendered Preferred Shares have been accepted by the Purchaser in accordance with the terms of the Offer. The Company expects that the payment date for the Preferred Shares accepted for purchase in the Offer will be August 23, 2012.

Duff & Phelps, LLC acted as the Company's independent financial advisor in connection with the Offer. The Purchaser engaged Wells Fargo Securities, LLC as the Dealer Manager for the Offer. Persons with questions regarding the terms of the Offer should contact Wells Fargo Securities, LLC at (866) 309-6316 (toll free) or (704) 715-8341 (collect). Requests for copies of tender offer materials or assistance concerning the tendered Preferred Shares may be directed to D.F. King & Co., Inc., the Information Agent and Tender Agent for the Offer, at (212) 269-5550 (collect, for banks and brokers) or (800) 769-4414 (toll free, for all others) and by email at dra@dfking.com.

This announcement is for informational purposes only and is neither an offer to purchase nor a solicitation of an offer to sell Preferred Shares.

About DRA CRT Acquisition Corp.

DRA CRT Acquisition Corp. is a Delaware real estate investment trust (“REIT”). As of June 30, 2012, the Company owned 10 real estate investments consisting of office investments and land parcels, totaling approximately 4.5 million rentable square feet, located in 8 suburban office areas and 7 metropolitan areas in Florida, Georgia, Tennessee and Texas.

Cautionary Statement Regarding Forward-Looking Statements

Certain statements in this press release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from the results, performance or achievements expressed or implied by the forward-looking statements. Factors that impact such forward-looking statements include, among others, real estate conditions and markets; performance of the Company's affiliates or companies in which the Company has made investments; changes in operating costs; legislative or regulatory decisions; the Company's ability to continue to maintain its status as a REIT for federal income tax purposes; the Company's ability to pay dividends on the Preferred Shares; the Company's ability to service or repay its current debt obligations; the cost and availability of new debt financings; volatility of interest rates or capital market conditions; effect of any terrorist activity; or other factors affecting the real estate industry generally. Except as otherwise required by law, the Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.