Core Viewpoint - Curbline Properties Corp. announced the pricing of an underwritten public offering of 8,000,000 shares of common stock, expecting gross proceeds of approximately $204 million, with the offering set to close on February 12, 2026 [1] Offering Details - The offering consists of 8,000,000 shares of common stock, with an additional 30-day option for underwriters to purchase up to 1,200,000 more shares [1] - The company has entered into forward sale agreements with Morgan Stanley and BofA Securities regarding the shares being offered [1] - If the underwriters' option is fully exercised, the total shares offered could increase to 9,200,000 [1] Financial Use of Proceeds - The net proceeds from the offering will be used for general corporate purposes, including property acquisitions, working capital, capital expenditures, and repaying outstanding debt [1] Company Overview - Curbline Properties is a self-managed real estate investment trust (REIT) that owns and manages convenience shopping centers located in high-income suburban areas [1]
Curbline Properties Announces Pricing of Common Stock Offering