Thank you for sharing!

Your article was successfully shared with the contacts you provided.

WASHINGTON, DC-DuPont Fabros Technology, a locally-based REIT, is going down a well-trodden path for property trusts these days: the company is tapping the public markets for capital in order to expand its operations. The REIT was co-founded by Lammot J. du Pont and Hossein Fateh.

The company has begun an underwritten public offering of 11 million shares of common stock. The joint book-running managers for this offering are KeyBanc Capital Markets, Raymond James, Macquarie Capital, RBC Capital Markets and Jefferies & Company. The company expects to grant the underwriters a 30-day option to purchase up to an additional 1.65 million shares of common stock to cover overallotments, if any.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?



Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt
Live Chat

Copyright © 2022 ALM Media Properties, LLC. All Rights Reserved.