Wheeler REIT files to sell 120K units Wheeler REIT filed to sell 120K units consisting of 600K shares of series B preferred stock and warrants to purchase 720K shares of common stock. Maxim and Newbridge are acting as joint book running mangers for the offering.
Wheeler REIT completes $10.35M acquisition of 111,189 sq. ft. shopping center Wheeler Real Estate Investment Trust has closed on the acquisition of Sunshine Plaza Shopping Center for approximately $10.35M, or $93.08 per leasable square foot. The property was acquired using a combination of cash raised from the company’s March financing and debt.