Comrit Investments 1 LP said it received 56,691 class A shares and no class T shares of Cole Office & Industrial REIT Inc.'s common stock, pursuant to its tender offer.
Comrit had offered to buy up to 448,592 shares of the diversified real estate investment trust's class A common stock and up to 20,892 shares of its class T common stock, at $8.52 apiece. The investor had previously extended the offer's deadline to July 27.
Comrit now owns an aggregate of about 667,217 class A shares of Cole Office.