Select Income REIT, a newly formed REIT that invests in leased, single tenant properties primarily in Oahu, HI, filed on Thursday with the SEC to raise up to $230 million in an initial public offering. The Newton, MA-based company, which was founded in 2011 and booked $107 million in sales for the 12 months ended September 30, 2011, plans to list on the NYSE under the symbol SIR. Morgan Stanley, BofA Merrill Lynch, and Wells Fargo Securities are the lead underwriters on the deal. No pricing terms were disclosed.
