Prime Group's shares rose about 15% to $17 following the trust'sannouncement in August that it was seeking to maximize shareholdervalue through an examination of a possible sale of the trust. TheTrust's shares have since drifted lower and closed at $15.13/16today.
Dissatisfaction with the share price is the main reasonmanagement is seeking the advice of investment bankers. MichaelReschke, chairman of Prime Group, has said that he does not thinkthe trust's shares adequately reflect the underlying value of itsreal-estate holdings.
Other REITs are also considering similar action, includingChicago-based Great Lakes REIT.
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