previous offer

The third party to join Lex-Win Acquisitions LLC is listed in a Security and Exchange Commission filing as VII Wells Holdings LLC, which is comprised of Starwood Global Opportunity Funds VII-A, -B, -D and –D2.

If accepted, the deal would boost the total deal value of the transaction from the previous $225 million to $418.5 million. As with the original offer, it is good through end of business on June 27.

Last month, Wells REIT made public its plans to offer $345 million in common stock. Morgan Stanley and JPMorgan are underwriting the offer.

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