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<TITLE>Filed by Bowne Pure Compliance</TITLE>
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<P align="center" style="font-size: 14pt"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION<BR>
<FONT style="font-size: 12pt">Washington, D.C. 20549
</FONT></B>

<P align="center" style="font-size: 18pt"><B>FORM 8-K</B>

<P align="center" style="font-size: 12pt"><B>CURRENT REPORT<BR>
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</B>

<P align="center" style="font-size: 10pt"><B>Date of Report (Date of earliest event reported): January 30, 2009</B>

<P align="center">

<P align="center" style="font-size: 24pt"><B>PRIME GROUP REALTY TRUST<BR></B>
<FONT style="font-size: 10pt">(Exact name of registrant as specified in its charter)
</FONT>

<TABLE border="0" width="100%" cellspacing="0" cellpadding="0" style="font-size: 10pt; text-align: center">
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    <TD width="32%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="33%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="32%">&nbsp;</TD>
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    <TD style="border-bottom: 1px solid #000000"><B>MARYLAND</B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-bottom: 1px solid #000000"><B>1-13589</B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-bottom: 1px solid #000000"><B>36-4173047</B></TD>
</TR>
<TR valign="top">
    <TD>(State or other Jurisdiction of Incorporation)</TD>
    <TD>&nbsp;</TD>
    <TD>(Commission File Number)</TD>
    <TD>&nbsp;</TD>
    <TD>(IRS Employer Identification No.)</TD>
</TR>
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    <TD width="49%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="49%">&nbsp;</TD>
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<TR valign="bottom">
    <TD style="border-bottom: 1px solid #000000"><B>77 West Wacker Drive, Suite 3900, Chicago, Illinois<BR></B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-bottom: 1px solid #000000"><B>60601</B></TD>
</TR>
<TR valign="top">
    <TD>(Address of Principal Executive Offices)</TD>
    <TD>&nbsp;</TD>
    <TD>(Zip Code)</TD>
</TR>
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<P align="center" style="font-size: 10pt">Registrant&#146;s telephone number, including area code: <B>(312) 917-1300.</B>


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    <TD nowrap style="border-bottom: 1px solid #000000"><B>NOT APPLICABLE<BR></B></TD>
</TR>
<TR>
    <TD nowrap>(Former name or former address if changed since last report.)</TD>
</TR>
</TABLE>

<P align="left" style="font-size: 10pt">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:

<P align="left" style="font-size: 10pt">
<FONT face="Wingdings">&#111;</FONT> Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<BR><BR>
<FONT face="Wingdings">&#111;</FONT> Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<BR><BR>
<FONT face="Wingdings">&#111;</FONT> Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<BR><BR>
<FONT face="Wingdings">&#111;</FONT> Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<BR>


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<P align="center" style="font-size: 10pt; display: none">1
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<P align="justify" style="font-size: 10pt"><B>Item&nbsp;1.01 Entry into a Material Definitive Agreement.</B>


<P align="justify" style="font-size: 10pt">Prime Group Realty Trust (the &#147;<U>Company</U>&#148;) issued a Press Release today disclosing that as of January&nbsp;30, 2009,
its wholly-owned qualified REIT subsidiary PGRT ESH, Inc. (&#147;<U>Borrower</U>&#148;), entered into a Third Amendment to
Amended and Restated Loan Agreement (the &#147;<U>Amendment</U>&#148;) modifying certain terms of a loan from Citicorp USA, Inc.
in the original principal amount of $120.0&nbsp;million. The loan currently has an outstanding principal amount of $81.5
million. The loan is non-recourse to Borrower, the Company and its subsidiaries and is secured by, among other things,
a pledge of Borrower&#146;s membership interest in BHAC Capital IV, L.L.C., an entity that owns 100% of Extended Stay
Hotels, Inc. As previously disclosed, the loan is guaranteed by affiliates of our parent companies (the
&#147;<U>Guarantors</U>&#148;).


<P align="justify" style="font-size: 10pt">Pursuant to the Amendment, the date for making a $41.0&nbsp;million payment on the loan was extended from January&nbsp;30, 2009
until March&nbsp;2, 2009. It is currently anticipated that all or a portion of the required repayments of the loan will be
funded by affiliates of the Guarantors, although there can be no assurances that this will be the case.


<P align="justify" style="font-size: 10pt">This Form 8-K filing contains certain forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995 that reflect management&#146;s current views with respect to future events and financial
performance. The words &#147;believes&#148;, &#147;expects&#148;, &#147;anticipates&#148;, &#147;estimates&#148;, and similar words or expressions are
generally intended to identify forward-looking statements. Actual results may differ materially from those expected
because of various risks and uncertainties, including, but not limited to, changes in general economic conditions,
adverse changes in real estate markets as well as other risks and uncertainties included from time to time in the
Company&#146;s filings with the Securities and Exchange Commission.


<P align="justify" style="font-size: 10pt"><B>Item&nbsp;9.01 Financial Statements and Exhibits</B>


<P>
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    <TD width="3%" nowrap align="left">(a)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><DIV style="text-align: justify">Financial Statements</DIV></TD>
</TR>

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<P align="justify" style="font-size: 10pt">None


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    <TD width="3%" nowrap align="left">(d)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><DIV style="text-align: justify">Exhibits.</DIV></TD>
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    <TD nowrap align="left" style="border-bottom: 1px solid #000000"><B>Exhibit No.</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>Description</B></TD>
</TR>

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</DIV></TD>
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<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">99.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Press Release of Prime Group Realty Trust dated February&nbsp;4, 2009.</TD>
</TR>
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<P align="center" style="font-size: 10pt; display: none">2
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<P align="center" style="font-size: 10pt"><B>SIGNATURE</B>



<P align="justify" style="font-size: 10pt; text-indent: 4%">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.


<P align="justify" style="font-size: 10pt; margin-left: 46%; font-size: 10pt">PRIME GROUP REALTY TRUST


<P align="justify" style="font-size: 10pt; margin-left: 46%; font-size: 10pt">By: <U>/s/ Jeffrey A. Patterson&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U><BR>
Jeffrey A. Patterson<BR>
President and Chief Executive Officer<BR>


<P align="justify" style="font-size: 10pt">Dated: February&nbsp;4, 2009

<P align="center" style="font-size: 10pt">&nbsp;

<P align="center" style="font-size: 10pt; display: none">3
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<P align="center" style="font-size: 10pt"><B>EXHIBIT INDEX</B>


<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="8%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="87%">&nbsp;</TD>
</TR>
<TR style="font-size: 10pt" valign="bottom">
    <TD nowrap align="left" style="border-bottom: 1px solid #000000"><B>Exhibit No.</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>Description</B></TD>
</TR>

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<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">99.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Press Release of Prime Group Realty Trust dated February&nbsp;4, 2009.</TD>
</TR>
<!-- End Table Body -->
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<P align="center" style="font-size: 10pt">&nbsp;

<P align="center" style="font-size: 10pt; display: none">4
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{"company-data": {"conformed-name": "PRIME GROUP REALTY TRUST", "cik": "0001042798", "assigned-sic": "6798", "irs-number": "364173047", "state-of-incorporation": "MD", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-13589", "film-number": "09568975"}, "business-address": {"street1": "77 WEST WACKER DR", "street2": "STE 3900", "city": "CHICAGO", "state": "IL", "zip": "60601", "phone": "3129171300"}, "mail-address": {"street1": "77 WEST WACKER DRIVE", "street2": "SUITE 3900", "city": "CHICAGO", "state": "IL", "zip": "60601"}}
Filed by Bowne Pure Compliance
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): January 30, 2009
PRIME GROUP REALTY TRUST
(Exact name of registrant as specified in its charter)
MARYLAND
1-13589
36-4173047
(State or other Jurisdiction of Incorporation)
(Commission File Number)
(IRS Employer Identification No.)
77 West Wacker Drive, Suite 3900, Chicago, Illinois
60601
(Address of Principal Executive Offices)
(Zip Code)
Registrant's telephone number, including area code:
(312) 917-1300.
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:
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.
Prime Group Realty Trust (the "
Company
") issued a Press Release today disclosing that as of January 30, 2009,
its wholly-owned qualified REIT subsidiary PGRT ESH, Inc. ("
Borrower
"), entered into a Third Amendment to
Amended and Restated Loan Agreement (the "
Amendment
") modifying certain terms of a loan from Citicorp USA, Inc.
in the original principal amount of $120.0 million. The loan currently has an outstanding principal amount of $81.5
million. The loan is non-recourse to Borrower, the Company and its subsidiaries and is secured by, among other things,
a pledge of Borrower's membership interest in BHAC Capital IV, L.L.C., an entity that owns 100% of Extended Stay
Hotels, Inc. As previously disclosed, the loan is guaranteed by affiliates of our parent companies (the
"
Guarantors
").
Pursuant to the Amendment, the date for making a $41.0 million payment on the loan was extended from January 30, 2009
until March 2, 2009. It is currently anticipated that all or a portion of the required repayments of the loan will be
funded by affiliates of the Guarantors, although there can be no assurances that this will be the case.
This Form 8-K filing contains certain forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995 that reflect management's current views with respect to future events and financial
performance. The words "believes", "expects", "anticipates", "estimates", and similar words or expressions are
generally intended to identify forward-looking statements. Actual results may differ materially from those expected
because of various risks and uncertainties, including, but not limited to, changes in general economic conditions,
adverse changes in real estate markets as well as other risks and uncertainties included from time to time in the
Company's filings with the Securities and Exchange Commission.
Item 9.01 Financial Statements and Exhibits
(a)
Financial Statements
None
(d)
Exhibits.
Exhibit No.
Description
99.1
Press Release of Prime Group Realty Trust dated February 4, 2009.
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.
PRIME GROUP REALTY TRUST
By:
/s/ Jeffrey A. Patterson
Jeffrey A. Patterson
President and Chief Executive Officer
Dated: February 4, 2009
EXHIBIT INDEX
Exhibit No.
Description
99.1
Press Release of Prime Group Realty Trust dated February 4, 2009.