Tag Archives: PIRET

Clark Wilson acts for PIRET in closing $149.8 million bought deal

Clark Wilson acted for Pure Industrial Real Estate Trust (PIRET) (TSX: AAR.UN) in closing its public offering of 29,670,000 trust units, on a bought deal basis, for total gross proceeds of $149,833,500. Vikram Dhir and James Speakman led the Clark Wilson team, with assistance from Ethan Minsky on US securities matters. See PIRET’s news release for more information.

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Clark Wilson completes $69.7 million public offering for PIRET

On February 12, 2013, Vikram Dhir and James Speakman of our Corporate Finance & Securities Group acted on the completion of Pure Industrial Real Estate Trust’s (PIRET) $69.7 million bought deal public offering of 13,800,000 units at a price of $5.05 per unit. PIRET is listed on the TSX under the symbol AAR.UN.

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Clark Wilson closes $48 million PIRET acquisition

On September 28, 2012, James Speakman and Shauna Towriss assisted in the completion of PIRET’s $48 million acquisition of five industrial properties in Alberta and BC. This raises the REIT’s portfolio to a total of 77 industrial properties with a combined gross leasable area of 5.4 million square feet. Net proceeds from PIRET’s previously announced public offering of 7,015,000 trust units at a price of $4.95 per unit were used to acquire the properties.

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