City Office REIT(CIO) - 2025 Q2 - Quarterly Results
• Entered into a purchase and sale agreement to sell all of the properties that the Company owns in Phoenix, Arizona for an aggregate sale price of $296.0 million, as further described herein. Pending Merger Transaction • On July 23, 2025, the Company entered into a definitive merger agreement ("the Merger Agreement") with MCME Carell Holdings, LP and MCME Carell Merger Sub, LLC (collectively, "MCME Carell" or the "Buyer") under which, subject to the satisfaction of the conditions set forth in the Merger Ag ...