Venable represented Spirit Realty Capital, Inc. with respect to matters of Maryland corporate law in its $500 million initial public offering. This marks the largest REIT initial public offering since May of 2011.
Spirit Realty Capital, Inc. seeks to invest in single-tenant, operationally essential real estate throughout the United States that is leased on a long-term, triple-net basis primarily to tenants engaged in retail, service and distribution industries. Since 2003, Spirit Realty Capital, Inc. has invested over $3.5 billion in real estate across the United States.
The Venable team consisted of Jim Hanks, Patsy McGowan, Carmen Fonda, Hirsh Ament and Michael Sheehan.