'We build the buildings for the high tech companies that build the internet'
CUPERTINO, Calif., Dec. 18 /PRNewswire-FirstCall/ -- Mission West Properties, Inc. (AMEX:MSW)(PCX:MSW) today announced plans to withdraw the listing of its common stock from NYSE Arca, Inc., formerly the Pacific Exchange. Mission West Properties' common stock will continue to be listed on the American Stock Exchange.
Mission West Properties has decided to withdraw its listing from NYSE Arca, Inc. to streamline operations and eliminate duplicative administrative requirements inherent with dual listings. The withdrawal is expected to be effective within the next month.
Mission West Properties does not believe that withdrawing its listing from NYSE Arca, Inc. will have any impact on the liquidity of its stock. NYSE Arca will continue to trade Mission West Properties stock on an unlisted trading privilege basis.
Mission West Properties, Inc. operates as a self-managed, self- administered and fully integrated REIT engaged in the management, leasing, marketing, development and acquisition of commercial R&D properties, primarily located in the Silicon Valley portion of the San Francisco Bay Area. Currently, the Company manages 107 properties totaling approximately 7.7 million square feet. For additional information, please contact Investor Relations at 408-725-0700.
The matters described herein contain forward-looking statements. Such statements can be identified by the use of forward-looking terminology such as "will", "anticipate", "estimate", "expect", "intends", or similar words. Forward-looking statements involve a number of risks, uncertainties or other factors beyond the Company's control which may cause material differences in actual results, performance or other expectations. These factors include, but are not limited to, the ability to complete acquisitions under the Company's Berg Land Holdings Option Agreement with the Berg Group, changing economic and real estate industry conditions, leasing risk, rollover risk, tenant credit risk, interest rate risk, and other factors detailed in the Company's registration statements, and periodic filings with the Securities & Exchange Commission. DATASOURCE: Mission West Properties, Inc.
CONTACT: Investor Relations of Mission West Properties, Inc., +1-408-725-0700 Web site: http://www.missionwest.com/
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