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Suburban Office

Workspace Property Trust Files for IPO to Raise $100 Million

The suburban office owner will list on the New York Stock Exchange under the WSPT symbol.

A year after acquiring a nearly $1 billion portfolio of suburban office properties, Horsham, PA-based Workspace Property Trust on Monday filed to raise up to $100 million through an initial public offering. Workspace Property, which first filed a confidential S-11 registration statement on June 30, plans to list on the New York Stock Exchange under the symbol WSPT, selling an undisclosed number of common shares in the IPO.

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