November 16, 2017 dvilares Diana

Workspace Property Trust Provides Update

HORSHAM, PA. –(BUSINESS WIRE)—November 16, 2017 Workspace Property Trust today announced its intention to file an amendment to its registration statement on Form S-11 with the Securities and Exchange Commission to include updated financial statements and related information as of September 30, 2017. The Company’s previously filed registration statement on Form S-11, which included financial statements and related information as of June 30, 2017, required updating as of November 13, 2017.

A copy of the preliminary prospectus relating to this offering, when available, may be obtained from any of the following sources: Goldman Sachs & Co. LLC, Prospectus Department, 200 West Street, New York, NY 10282, telephone: 1-866-471-2526, facsimile: 212-902-9316 or by email at prospectus-ny@ny.email.gs.com; J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, telephone: 1-866-803-9204 or by email at prospectus-eq_fi@jpmorganchase.com; or BofA Merrill Lynch, attention: Prospectus Department, NC1-004-03-43, 200 North College Street, 3rd floor, Charlotte, NC 28255-0001 or by email at dg.prospectus_requests@baml.com.

A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective.  These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.

About Workspace Property Trust

Workspace Property Trust is a fully integrated real estate investment company primarily focused on acquiring, owning and operating high-quality office and flex real estate in prime locations within transit centric, amenity rich U.S. suburban office submarkets.

Cautionary Statement Regarding Forward-Looking Statements

The information contained in this press release contains “forward‐looking statements.” These forward‐looking statements are subject to various risks and uncertainties, including, without limitation, statements relating to the performance of our investments and our financing needs and arrangements. Forward‐looking statements are generally identifiable by use of forward‐looking terminology such as “may,” “will,” “should,” “potential,” “intend,” “expect,” “endeavor,” “seek,” “anticipate,” “estimate,” “believe,” “could,” “project,” “predict,” “continue” or other similar words or expressions. Forward‐looking statements are based on certain assumptions, discuss future expectations, describe existing or future plans and strategies, contain projections of results of operations, liquidity and/or financial condition or state other forward‐looking information. The ability of Workspace Property Trust to predict future events or conditions or their impact or the actual effect of existing or future plans or strategies is inherently uncertain. Although we believe that such forward‐looking statements are based on reasonable assumptions, actual results and performance in the future could differ materially from those set forth in or implied by such forward‐looking statements. You are cautioned not to place undue reliance on these forward‐looking statements, which reflect our views only as of the date of this press release. Except as required by law, neither we nor any other person assumes responsibility for the accuracy and completeness of the forward‐looking statements. We do not undertake any obligation to update any forward-looking statements contained in this press release as a result of new information, future events or otherwise.

Contact:

Investor and Media Relations:

215.328.2701