VANCOUVER, Dec. 10, 2014 /CNW/ -- City Office REIT, Inc. (NYSE: CIO) (the "Company"), announced today the closing of an underwritten public offering of 3,750,000 shares of its common stock at a public offering price of $12.50 per share for total gross proceeds of $46,875,000.
Janney Montgomery Scott LLC, Wunderlich Securities, Inc. and Oppenheimer & Co. Inc. were joint book-running managers for the offering. Compass Point Research & Trading, LLC and D.A. Davidson & Co. were co-managers for the offering.
A registration statement relating to these securities was declared effective by the Securities and Exchange Commission on December 4, 2014. The offering was made solely by means of a prospectus, copies of which may be obtained from:
Janney Montgomery Scott LLC, Attention: Equity Capital Markets Group, 60 State Street, 35th Floor, Boston, MA 02109, or by email at [email protected], Wunderlich Securities, Inc., Attention: Equity Syndicate, 6000 Poplar Avenue, Suite 150, Memphis, TN 38119, or by email at [email protected], or Oppenheimer & Co. Inc., Attention: Syndicate Prospectus Department, 85 Broad Street, 26th Floor, New York, NY 10004, or by telephone at (212) 667-8563 or email at [email protected].
This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of, or any solicitation of an offer to buy, these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About City Office REIT, Inc.
City Office REIT, Inc. is a real estate company focused on owning high-quality office properties in attractive markets primarily in the Southern and Western United States. City Office REIT currently owns or has an interest in 2.3 million square feet of office properties. The Company intends to elect to be taxed as a real estate investment trust (REIT) for U.S. federal income tax purposes.
City Office REIT, Inc.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/city-office-reit-inc-announces-closing-of-its-public-offering-of-common-stock-300008083.html
SOURCE City Office REIT, Inc.