UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported):

~~March~~May 79, 2013

Clarion Partners Property Trust Inc.

(Exact Name of Registrant as Specified in Charter)

Maryland

No. 333-164777

No. 27-1242815

(State or Other Jurisdiction

of Incorporation)

(Commission File Number)

(IRS Employer

Identification No.)

230 Park Avenue

New York, New York

10169

(Address of Principal Executive offices)

(Zip Code)

(212) 808-3600

(Registrant’s telephone number, including area code)

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2.):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 1.01. Entry into a Material Definitive Agreement

On May 9, 2013, the board of directors of Clarion Partners Property Trust Inc. (the “Company”) approved the renewal, effective May 16, 2013, of the Second Amended and Restated Advisory Agreement (the “Advisory Agreement”) by and among the Company, CPT Real Estate LP, as the operating partnership of the Company, and CPT Advisors LLC, as the advisor to the Company, through May 16, 2014, upon terms that are identical to those of the Advisory Agreement as previously in effect.

Item 8.01. Other Events

Distributions

On ~~March~~May 79, 2013, the ~~Company’s~~ board of directors of the Company authorized and declared cash distributions for the period commencing on ~~January~~April 1, 2013 and ending on ~~March~~June 3130, 2013, (or the ~~“Common~~distribution ~~Stock~~period, ~~Distribution Period”)~~ for each share of the Company’s Class A and Class W common stock outstanding as of ~~March~~June 2827, 2013. ~~Distributions~~ onBoth ~~each~~distributions ~~class of common stock~~ will be paid on ~~April~~July 1, 2013. Holders of Class W shares will receive an amount equal to $0.1398 per share, and holders of Class A shares will receive an amount equal to $0.1398 per share, less an amount calculated at the end of the ~~Common~~distribution ~~Stock~~period ~~Distribution Period~~ equal to the class-specific expenses incurred during the ~~Common~~distribution ~~Stock~~period ~~Distribution Period~~ that are allocable to each Class A share.

On March 7, 2013, the Company’s board of directors authorized and declared cash distributions in an amount equal to $54.17 per share for the period commencing on January 25, 2013 and ending on June 30, 2013 for each share of the Company’s 12.5% Series A Cumulative Non-Voting Preferred Stock outstanding as of June 15, 2013. Such distributions will be paid on June 28, 2013.

A copy of the press release announcing the Company’s declaration of cash distributions on its common stock is included as Exhibit 99.1 to this Current Report on Form 8-K.

Item 9.01. Financial Statements and Exhibits

(a) Financial Statements of Business Acquired

None.

(b) Pro Forma Financial Information

None.

(c) Shell Company Transactions

None.

(d) Exhibits

Exhibit No.		Description
99.1		Press Release dated ~~March~~May 1215, 2013

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	Clarion Partners Property Trust Inc.
Date: March 12, 2013	By:	/s/ L. Michael O’Connor
Date: May 15, 2013	By:	/s/ L. Michael O’Connor
		L. Michael O’Connor
		Senior Vice President and Secretary

Filing Compare · Clarion Partners Property Trust Inc.