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AmREIT files for a $110 million IPO after delisting in 2008

July 19, 2011

AmREIT, a full service REIT that owns and operates neighborhood and community shopping centers, filed on Tuesday with the SEC to raise up to $86 million in an initial public offering. The company was previously listed on the American Stock Exchange, trading under the ticker "AMY". In 2008, the company announced its intention to have its stock de-listed and become a private corporation. The Houston, TX-based company, which was founded in 1993 and booked $34 million in sales for the 12 months ended March 31, 2011, plans to list on the NYSE under the symbol AMRE. Jefferies & Co. is the lead underwriter on the deal. No pricing terms were disclosed.