Follow-On Offering

Real Estate
Follow-On Offering

Summary

Baird served as co-manager on this offering

About

Select Income REIT (the “Company”) (NYSE: SIR) recently completed a follow-on offering of 9,000,000 shares of common stock at a price of $29.00 per share, generating gross proceeds of approximately $261 million. The Company intends to use the net proceeds from the offering to repay amounts outstanding under its revolving credit facility and for general business purposes, including possible future acquisitions of properties.

Select Income REIT is a real estate investment trust organized under Maryland law. As of March 31, 2014, the Company owned 48 properties, comprised of 278 buildings, leasable land parcels and easements for a total of 26.1 million square feet located in 20 states. Select Income REIT is headquartered in Newton, Massachusetts.

For additional information about this transaction, please contact:

Jeff Rogatz (202) 303-1823
Tom O’Hare (202) 303-1811
Gary Placek (414) 765-3611
Mike Wilcox (414) 298-5999
Real Estate
Follow-On Offering
Date
May 2014
Company
Select Income REIT
Transaction
M&A
Sectors
Real Estate
Target Location
North America

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