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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): December 31, 2021

 

 

City Office REIT, Inc.

(Exact Name of Registrant as Specified in Its Charter)

 

 

 

Maryland   001-36409   98-1141883
(State or other jurisdiction of
incorporation)
  (Commission
File Number)
  (I.R.S. Employer
Identification No.)

 

666 Burrard Street, Suite 3210,
Vancouver, British Columbia,
  V6C 2X8
(Address of principal executive offices)   (Zip Code)

(604) 806-3366

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of Each Class

 

Ticker
Symbols:

 

Name of Each Exchange
on Which Registered

Common Stock, $0.01 par value   CIO   New York Stock Exchange
6.625% Series A Cumulative Redeemable Preferred Stock, $0.01 par value per share   CIO.PrA   New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

 


Item 2.01

Completion of Acquisition or Disposition of Assets.

On December 31, 2021, City Office REIT, Inc. (the “Company”) closed on the acquisition of an approximately 494,000 square foot office complex in Raleigh, North Carolina (“Bloc 83”). The seller was an unaffiliated third party. The gross purchase price was $330.0 million, exclusive of closing costs.

 

Item 9.01

Financial Statements and Exhibits.

(a) Financial Statements of Property Acquired.

To the extent required by this item, historical financial statements for Bloc 83 will be filed in an amendment to this current report on Form 8-K on or before March 18, 2022, which date is within the period allowed to file such an amendment.

(b) Pro Forma Financial Information.

To the extent required by this item, pro forma financial information relating to the acquisition of Bloc 83 will be filed in an amendment to this current report on Form 8-K on or before March 18, 2022, which date is within the period allowed to file such an amendment.

(d) Exhibits.

 

Exhibit
Number

  

Description

104    Cover Page Interactive Data File (embedded within the Inline XBRL document).


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

    CITY OFFICE REIT, INC.
Date: January 3, 2022     By:  

/s/ James Farrar

    Name:   James Farrar
    Title:   Chief Executive Officer and Director