Windrose Medical Properties Trust, Indianapolis, has priced 2.1 million shares of 7.5% series A cumulative preferred shares at $25 per share.The real estate investment trust said it plans to use the net proceeds of the offering, approximately $51.1 million, to repay debt and for general corporate purposes. Each share will be convertible into the company's common shares of beneficial interest at a price of $15.75, which the company said is equivalent to a conversion rate of 1.5873 common shares per preferred share. Cohen & Steers Capital Advisors LLC is the placement agent for the offering. Windrose, which has additional offices in Nashville, Tenn., acquires, selectively develops, and manages specialty medical properties. It can be found online at http://www.windrosempt.com.

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