Jan 28 2016 | Article by: The DI Wire
An S-11 for Cole Office & Industrial REIT III has been registered with the Securities & Exchange Commission. The company, which intends to invest primarily in single-tenant, income-producing, necessity office and industrial properties, is seeking to raise up to $3.5 billion from the sale of its Class A and Class T shares of common stock and distribution reinvestment plan shares.
Up to $2.5 billion in shares will be sold in the company’s primary offering and up to $1 billion in shares will be sold as DRIP shares.Go Back
Blue Vault is just what advisors need to size up the different offerings in the nontraded REIT market. Just as importantly, it’s what the industry needs to encourage best practices among REITs.