Medical REIT Prices Stock Offering

November 22, 2005, 3:00 p.m. EST 1 Min Read

Windrose Medical Properties Trust, Indianapolis, has priced a public offering of 3.0 million common shares of beneficial interest at $14.10 per share.Windrose, a real estate investment trust with additional offices in Nashville, Tenn., said it plans to use the net proceeds (approximately $40.7 million) of the offering to fund part of the purchase price of a previously announced acquisition of a 22-property portfolio in Arizona, California, Georgia, and Florida. Cohen & Steers Capital Advisors LLC and Robert W. Baird & Co. acted as placement agents for the offering. The REIT can be found online at http://www.windrosempt.com.

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