INDUS Realty Trust, Inc. (INDT) Launches 2M Share Public Offering

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INDUS Realty Trust, Inc. (INDT) Prices Upsized 2.15M Share Offering at $66/sh

October 6, 2021 5:34 AM EDT

INDUS Realty Trust, Inc. (Nasdaq: INDT), a U.S. based industrial/logistics REIT, today announced the upsize and pricing of its public offering of 2,150,000 shares of its common stock at a price to the public of $66.00 per share. The underwriters also have been granted a 30-day option to purchase up to an additional 322,500 shares of common stock from INDUS at the public offering price, less underwriting discounts and commissions. The newly issued shares of common stock are expected to... More

INDUS Realty Trust (INDT) Announces Fiscal 2021 Third Quarter Leasing, Pipeline and Corporate Updates

October 5, 2021 4:04 PM EDT

INDUS Realty Trust, Inc. (Nasdaq: INDT) (INDUS or the Company), a U.S. based industrial/logistics REIT, announced the following updates on leasing, its acquisition and development pipeline, its potential dispositions and other corporate matters for the three months ended September 30, 2021 (the 2021 third quarter):

Highlights

Acquired a 139,500 square foot industrial/logistics building in Lakeland, Florida for a purchase price of $17.8 millionEntered into an agreement to acquire, for a purchase price of $31.5 million, an under-construction, approximately 184,000 square foot industrial/logistics... More