previous offer

The third party to join Lex-Win Acquisitions LLC is listed in a Security and Exchange Commission filing as VII Wells Holdings LLC, which is comprised of Starwood Global Opportunity Funds VII-A, -B, -D and –D2.

If accepted, the deal would boost the total deal value of the transaction from the previous $225 million to $418.5 million. As with the original offer, it is good through end of business on June 27.

Last month, Wells REIT made public its plans to offer $345 million in common stock. Morgan Stanley and JPMorgan are underwriting the offer.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.