Alexandria Real Estate Equities, a real estate investment trust based in Pasadena, Calif., has priced a follow-on public offering of 3.3 million shares of common stock at $84 per share.The book-running managers for the offering were Merrill Lynch, Pierce, Fenner & Smith Inc. and Citigroup Global Markets Inc. The office/laboratory REIT said it has granted the underwriters an option to buy up to 495,000 additional shares to cover any overallotments.
REIT Prices Stock Offering
June 16, 2006, 2:00 p.m. EDT 1 Min Read
