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Cole Preps $3.5 Billion Office & Industrial REIT

January 29, 2016

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.

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Derek Hayes
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April 14, 2016

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