Public market insider selling at WPT Industrial REIT (WIR)

Public market insider selling at WPT Industrial REIT (T:WIR)

Scott Frederiksen, CEO and Director, disposed of 211,744 Trust Units on a direct ownership basis at a price of $13.750USD on September 25th, 2019. This represents a $3,863,534 divestment of the company's shares and an account share holdings change of -100.0%.

WPT Industrial REIT is in the Commercial REITs Sub Industry Group under the Financials Sector.

WPT Industrial Real Estate Investment Trust (the REIT) is an open-ended real estate investment trust. The REIT is engaged in the business of acquiring and owning industrial investment properties located in the United States. Its objective is to provide Unitholders with an opportunity to invest in a portfolio of institutional-quality industrial properties in the United States markets, with a particular focus on distribution industrial real estate. The United States industrial real estate sector consists primarily of single-story properties located in or near major cities. The REIT's portfolio is concentrated in the Midwestern and Southeastern regions of the United States. It owns a portfolio of investment properties consisting of approximately 15.1 million square feet of gross leasable area (GLA), consisting of over 50 industrial investment properties and approximately two office properties, located in over 10 states in the United States.