IPO - NOYACK Logistics Income REIT II, Inc.
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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