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  		UNITED STATES<BR>
  	SECURITIES AND EXCHANGE COMMISSION
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  	WASHINGTON, D.C. 20549
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  	FORM 8-K
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  	CURRENT REPORT
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  	Pursuant to Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934
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  	Date of Report (Date of Earliest Event Reported):
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  	&nbsp;
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  	May 10, 2007
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  	Republic Property Trust
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  <BR>__________________________________________<BR>
  	(Exact name of registrant as specified in its charter)
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  	Maryland
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  	001-32699
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  	20-3241867
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  _____________________<BR>
  	(State or other jurisdiction
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  _____________<BR>
  	(Commission
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  ______________<BR>
  	(I.R.S. Employer
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  	of incorporation)
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  	File Number)
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  	Identification No.)
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  	&nbsp;&nbsp;
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  	13861 Sunrise Valley Drive, Suite 410, Herndon, Virginia
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  	20171
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  _________________________________<BR>
  	(Address of principal executive offices)
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  	&nbsp;
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  ___________<BR>
  	(Zip Code)
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  	Registrant&#146;s telephone number, including area code:
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  	(703) 880-2900
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  	Not Applicable
  <BR>______________________________________________<BR>
  	Former name or former address, if changed since last report
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  	&nbsp;
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  <!-- CoverPageRegistrant END --><P><FONT SIZE="2">
  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:</FONT>
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  <P><FONT SIZE="2">
  [&nbsp;&nbsp;]&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<br>
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  	Item 1.01 Entry into a Material Definitive Agreement.
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  The Board of Trustees of Republic Property Trust (the "Company") has formed a temporary Special Committee of the Board, comprised of all four independent trustees (i.e., John S. Chalsty, Ronald D. Paul, Ronald J. Kramer and Greg H. Leisch).  Mr. Chalsty will serve as the Special Committee&#x2019;s Chairman.  The Special Committee will, among other things, evaluate strategic alternatives, including, but not limited to: evaluating exercising the Company&#x2019;s rights with respect to one or more Option Properties; a joint venture; a possible sale of the Company; a merger transaction; or continuing to execute on the Company&#x2019;s business plan on a stand-alone basis.  On May 10, 2007, the Board determined that (i) the Chairman will receive a one time payment of $60,000 and (ii) the remaining Committee members will receive a one-time payment of $45,000.
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  	Item 8.01 Other Events.
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  On May 14, 2007, the Company announced that its Board of Trustees has formed a Special Committee to evaluate strategic alternatives.   Such alternatives could include: evaluating exercising the Company&#x2019;s rights with respect to one or more Option Properties; a joint venture; a possible sale of the Company; a merger transaction; or continuing to execute on the Company&#x2019;s business plan on a stand-alone basis.  Last week, the Company received an unsolicited indication of interest &#x2013; with no specific price or terms &#x2013; from another public REIT.   It is contemplated that this and any other expressions of interest will be referred to the Special Committee and its advisors for their evaluation and consideration.<br><br>The Company advises that it has not set a definitive timetable for completion of its evaluation and emphasizes that there can be no assurance that the exploration of strategic alternatives will result in a transaction.  The Company will not publicly disclose further information regarding the status of its evaluation until the process has been completed or unless or until the Company deems necessary or appropriate.<br>
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  <BR><BR><BR><BR><P ALIGN="LEFT" STYLE="FONT-SIZE: 10PT">Statements in this Form 8-K that are not historical &#x2013; including, among other things, the Company&#x2019;s exploration of strategic alternatives &#x2013; may be deemed forward-looking statements within the meaning of the federal securities laws. Although the Company believes the expectations reflected in any forward-looking statements are based on reasonable assumptions, the Company can give no assurance that its expectations will be attained and it is possible that our actual circumstances and results may differ materially from those indicated by these forward-looking statements due to a variety of risks and uncertainties. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The reader is directed to the Company&#x2019;s various filings with the SEC, including quarterly reports on Form 10-Q, current reports on Form 8-K and its annual reports on Form 10-K for a discussion of such risks and uncertainties. </P><!-- PageBreak START -->
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  	SIGNATURES
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  	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.
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  	Republic Property Trust
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  	&nbsp;&nbsp;
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  <I>
  	May 16, 2007
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  	By:
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  <I>
  	/s/ Gary R. Siegel
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  	&nbsp;
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  <I>
  	Name: Gary R. Siegel
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  <I>
  	Title: Chief Operating Officer and General Counsel
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metadata_documents: [{"type": "8-K", "sequence": "1", "filename": "htm_20357.htm", "description": "LIVE FILING", "secsgml_size_bytes": 11500}]
metadata_filer: {"company-data": {"conformed-name": "Republic Property Trust", "cik": "0001335686", "assigned-sic": "6798", "irs-number": "203241867", "state-of-incorporation": "MD", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-32699", "film-number": "07858342"}, "business-address": {"street1": "1280 MARYLAND AVENUE, S.W.", "street2": "SUITE 280", "city": "WASHINGTON", "state": "DC", "zip": "20024", "phone": "202-863-0300"}, "mail-address": {"street1": "1280 MARYLAND AVENUE, S.W.", "street2": "SUITE 280", "city": "WASHINGTON", "state": "DC", "zip": "20024"}}
text: Republic Property Trust (Form: 8-K)
  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):
  May 10, 2007
  Republic Property Trust
  __________________________________________
  (Exact name of registrant as specified in its charter)
  Maryland
  001-32699
  20-3241867
  _____________________
  (State or other jurisdiction
  _____________
  (Commission
  ______________
  (I.R.S. Employer
  of incorporation)
  File Number)
  Identification No.)
  13861 Sunrise Valley Drive, Suite 410, Herndon, Virginia
  20171
  _________________________________
  (Address of principal executive offices)
  ___________
  (Zip Code)
  Registrant's telephone number, including area code:
  (703) 880-2900
  Not Applicable
  ______________________________________________
  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:
  [  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
  [  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
  [  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
  [  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
  Top of the Form
  Item 1.01 Entry into a Material Definitive Agreement.
  The Board of Trustees of Republic Property Trust (the "Company") has formed a temporary Special Committee of the Board, comprised of all four independent trustees (i.e., John S. Chalsty, Ronald D. Paul, Ronald J. Kramer and Greg H. Leisch).  Mr. Chalsty will serve as the Special Committee's Chairman.  The Special Committee will, among other things, evaluate strategic alternatives, including, but not limited to: evaluating exercising the Company's rights with respect to one or more Option Properties; a joint venture; a possible sale of the Company; a merger transaction; or continuing to execute on the Company's business plan on a stand-alone basis.  On May 10, 2007, the Board determined that (i) the Chairman will receive a one time payment of $60,000 and (ii) the remaining Committee members will receive a one-time payment of $45,000.
  Item 8.01 Other Events.
  On May 14, 2007, the Company announced that its Board of Trustees has formed a Special Committee to evaluate strategic alternatives.   Such alternatives could include: evaluating exercising the Company's rights with respect to one or more Option Properties; a joint venture; a possible sale of the Company; a merger transaction; or continuing to execute on the Company's business plan on a stand-alone basis.  Last week, the Company received an unsolicited indication of interest – with no specific price or terms – from another public REIT.   It is contemplated that this and any other expressions of interest will be referred to the Special Committee and its advisors for their evaluation and consideration.
  The Company advises that it has not set a definitive timetable for completion of its evaluation and emphasizes that there can be no assurance that the exploration of strategic alternatives will result in a transaction.  The Company will not publicly disclose further information regarding the status of its evaluation until the process has been completed or unless or until the Company deems necessary or appropriate.
  Statements in this Form 8-K that are not historical – including, among other things, the Company's exploration of strategic alternatives – may be deemed forward-looking statements within the meaning of the federal securities laws. Although the Company believes the expectations reflected in any forward-looking statements are based on reasonable assumptions, the Company can give no assurance that its expectations will be attained and it is possible that our actual circumstances and results may differ materially from those indicated by these forward-looking statements due to a variety of risks and uncertainties. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The reader is directed to the Company's various filings with the SEC, including quarterly reports on Form 10-Q, current reports on Form 8-K and its annual reports on Form 10-K for a discussion of such risks and uncertainties.
  Top of the Form
  SIGNATURES
  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.
  Republic Property Trust
  May 16, 2007
  By:
  /s/ Gary R. Siegel
  Name: Gary R. Siegel
  Title: Chief Operating Officer and General Counsel