Morrison Foerster represented Wells Fargo Securities, LLC as lead placement agent in connection with the launch of First Industrial Realty Trust Inc.’s new at-the-market (“ATM”) offering program. First Industrial may raise up to $800 million under its new ATM program.
BofA Securities, Inc., BTIG, LLC, Citigroup Global Markets Inc., Fifth Third Securities, Inc., Jefferies LLC, J.P. Morgan Securities LLC, RBC Capital Markets, LLC, Regions Securities LLC, Samuel A. Ramirez & Company, Inc., and UBS Securities LLC joined Wells Fargo Securities as placement agents for the offering. Affiliates of some of the placement agents also joined as forward purchasers.
First Industrial, based in Chicago, Illinois, is a real estate investment trust that invests in light industrial properties and supply hubs in key areas of supply chain logistics.
The MoFo team was led by New York partner Larry Medvinsky and Washington, D.C. of counsel Emily Beers, and included New York of counsel James Schwartz and Washington, D.C. associates Joel Todd and Noah Edmondson.