NEWPORT BEACH, Calif., Feb. 5 /PRNewswire/ -- Pacific Gulf Properties Inc.
(NYSE: PAG) today filed a shelf registration statement with the Securities and
Exchange Commission covering up to $300 million of common stock, preferred
stock, debt securities and warrants.
Pacific Gulf, based in Newport Beach, California, is a self-managed,
fully-integrated real estate investment trust specializing in industrial and
multifamily properties in California and the Pacific Northwest.
The securities covered by the shelf registration statement may be offered
in the future separately or together, in amounts and at prices to be
determined in the future. Proceeds of the future offerings will be used for
general corporate purposes, which may include acquiring additional properties,
making improvements to properties, repaying indebtedness and for working
capital.
A registration statement relating to these securities has been filed with
the Securities and Exchange Commission but has not yet become effective. The
securities may not be sold nor may offers to buy be accepted prior to the time
the registration statement becomes effective. This press release shall not
constitute an offer to sell or the solicitation of an offer to buy nor shall
there be any sale of the securities in any state in which such offer,
solicitation or sale would be unlawful prior to registration or qualification
under the securities laws of any such state.
SOURCE Pacific Gulf Properties, Inc.
 back to top
CONTACT:
Cindy L. Smith, Investor Relations, Pacific
Gulf Properties, Inc., 714-223-5000
|
