Cole Passes Milestone, Begins Trading

PHOENIX-Locally based Cole Real Estate Investments Inc. has officially begun trading on the New York Stock Exchange. The firm, formerly known as Cole Credit Property Trust III Inc., commenced a modified “Dutch auction” tender offer to purchase for cash up to $250 million in value of its shares of common stock.

“Listing on the NYSE is a significant milestone for our firm, and I look forward to continuing to work with our talented team to capitalize on the significant opportunities this presents,” says Chris Cole, founder and executive chairman of Cole Real Estate Investments. “As a market-leading net-lease REIT, our high-quality portfolio and fully integrated real estate platform position us to be successful in today’s market. I am proud of the accomplishments that have led us to this most historic day in Cole’s 34-year history.”