HRPT has also granted the underwriters of this offering a thirty-day option to purchase up to 4.5 million additional common shares to cover over allotments, if any. The joint book running managers for the offering are Merrill Lynch & Co. and RBC Capital Markets. Co-managers of this offering are AG Edwards & Sons Inc., Legg Mason Wood Walker, UBS Investment Bank and Wachovia Securities.
The locally based REIT held a public offering of 13.25 million common shares this past June. HRPT owns and operates more than 200 office properties in 27 states and Washington, DC, totaling 24 million sf and worth $3.2 billion. In the Greater Boston area, the trust owns 109 Brookline Ave., 1295 Boylston Ave. and 251 Causeway St. in Boston; One Adams Place in Quincy; 47 Harvard St. in Westwood; and, 4 Maguire Rd in Lexington.
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