Shurgard Plans Stock Offering

Published July 07, 2003, 2:00 p.m. EDT

1 Min Read

Shurgard Storage Centers Inc., Seattle, has announced plans for a public offering of 4 million shares of its class A common stock.Shurgard, a real estate investment trust specializing in self-storage centers, said it has granted the underwriters an option to buy up to an additional 600,000 shares of the stock to cover any overallotments. The managing underwriters for the offering are Citigroup Global Markets Inc., Banc of America Securities LLC, and Merrill Lynch, Pierce, Fenner & Smith Inc.

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