Exercise of the over-allotment brings the total offering to 6.3 million common shares with gross proceeds of $42.7 million and net proceeds of approximately $39.9 million.
RBC Capital Markets acted as the sole book-runner, with Ferris, Baker Watts, Inc.; BB&T Capital Markets, a division of Scott & Stringfellow, Inc.; JJB Hilliard, WL Lyons, Inc., and Stifel, Nicolaus & Co., Inc. serving as co-managers of the offering.
AmeriVest owns buildings in Denver, Phoenix, Dallas and Indianapolis.
NOT FOR REPRINT
© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.