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Griffin Industrial Realty to sell up to $30M of common stock in ATM program

Griffin Industrial Realty Inc. is looking to sell up to $30 million of its common stock from time to time under its at-the-market equity offering program, with Robert W. Baird & Co. Inc. as agent.

The industrial and commercial property company plans to use any net proceeds for property acquisitions, debt repayment and general corporate purposes.

In the near term, Griffin said it does not plan to issue common shares under the program.