Representative Matters

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Client: Real Estate Investment Trust
Represented a U.S. real estate investment trust in its $100 million initial public offering of trust units.

The net proceeds of the Offering were used to indirectly acquire a portfolio of properties consisting of approximately 8.6 million square feet of gross leasable area, comprised of 35 industrial properties and two office properties located in 12 states in the U.S., with assumed mortgages for a number of these properties. In addition, Briggs negotiated the line of credit.