Sun Communities issues 243,273 OP units at $129.50 for asset contribution

SUN COMMUNITIES INC

SCOLP issued 243,273 common OP units at $129.50 per unit as consideration for contributed assets.
Total issuance value approximately $31.5 million.
Units exchangeable for Sun Communities common stock (SUI) at holder's option.
Holder agreed to six-month lock-up on exchange shares, subject to limited exceptions.

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