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.