Pure Industrial REIT closes US$34.7 million bought deal

On September 12, 2012, Pure Industrial Real Estate Investment Trust (TSXV: AAR.UN) closed a prospectus “bought deal” offering of 7,015,000 trust units for total gross proceeds of $34,724,250 (the Offering). The Offering was conducted through a syndicate of underwriters co-led by Canaccord Genuity Corp. and Dundee Securities Ltd. The underwriters were advised in this transaction by Fasken Martineau with a team led by Georges Dubé and including Jeffrey Gebert and Jessica Schnurr (corporate/securities) and Mitchell Thaw (tax).