Real Estate

Commercial Retail REIT FrontView Seeks $277 Million in IPO

  • Firm is marketing 13.2 million shares for $17 to $21 each
  • FrontView has 278 properties including Starbucks, AT&T

FrontView REIT Inc., a landlord that focuses on businesses with stores in prominent locations, is seeking to raise $277 million in an initial public offering, joining a clutch of companies aiming to go public before the US presidential election.

The real estate investment trust plans to market 13.2 million shares for $17 to $21 each, according to its filing Tuesday with the US Securities and Exchange Commission.