IPO - NOYACK Logistics Income REIT II, Inc.

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Form Type: 253G2

Filing Date: 2025-01-16

Corporate Action: Ipo

Type: New

Accession Number: 000149315225002526

Filing Summary: Noyack Logistics Income REIT II, Inc. is conducting an offering of up to $75,000,000 in shares of common stock, with a minimum offering amount of $1,000,000. The initial price per share is set at $20.00, which may be adjusted quarterly based on the company's net asset value. NREIT II aims to focus on the acquisition and management of a diversified portfolio of commercial real estate related to North America's supply chain and logistics infrastructure, including warehouses and life science buildings. The company plans to qualify as a real estate investment trust (REIT) starting with its taxable year ending December 31, 2025, and it operates as an umbrella partnership REIT (UPREIT). The offering is being conducted as a “Tier 2” offering under Regulation A, which allows for reduced reporting obligations compared to traditional registration statements. There are specific requirements for investors, including limitations on the amount that non-accredited investors can invest based on their income or net worth. The offering will remain available until May 15, 2025, or until all shares are sold. The initial closing will occur once subscriptions for at least $1,000,000 have been received, with funds held in escrow until that point.

Document Link: View Document

Additional details:

Shares Offered: 75,000,000


Minimum Offering Amount: 1,000,000


Initial Price Per Share: 20.00


Minimum Investment: 500


Managing Partner: Noyack Capital LLC


Offering Duration: until May 15, 2025


Qualification Status: expected to qualify as REIT by December 31, 2025


Transaction Price: NAV per Share


Investment Period: 5 to 7 years


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