NADG NNN Real Estate Investment Trust
$50,000,000.00
Initial Public Offering - Pending - Friday, June 9, 2017
Company Description
NADG NNN Real Estate Investment Trust is an open-ended unincorporated investment trust established to indirectly acquire, own and lease a portfolio of diversified income-producing commercial real estate properties in the U.S. with a focus on single tenant outparcel properties leased to national or regional operators pursuant primarily to long-term triple-net leases. Trust will be managed by North American Asset Management Corp. and NADG NNN Holding L.P will be managed by NADG U.S. LLLP, each an affiliate of North American Development Group.
Address: |
2851 John Street, Suite One Markham, Manitoba, L3R 5R7 Canada |
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Phone Number: | 905 968 3203 |
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Website: |
Industry: | Structured Products |
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Closing Date: | |
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Proceeds
The net proceeds of the offering will be used to acquire Investment LP Units and Investment LP Notes. The Trust may also temporarily hold cash and investments for the purposes of paying its expenses and liabilities, paying amounts in connection with the redemption of any Units, and making distributions to Unitholders.
Gross Proceeds: | US $50,000,000.00 |
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Underwrting Fees: | US $2,625,000.00 |
Expense Offering: | US $750,000.00 |
Net Proceeds: | US $46,625,000.00 |
Lead Underwriter: | CIBC World Markets Inc. |
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Other Underwriter(s): |
Scotia Capital Inc. National Bank Financial Inc. GMP Securities Ltd. Raymond James Ltd. Industrial Alliance Securities Inc. Canaccord Genuity Corp. Manulife Securities Incorporated Mackie Research Capital Corporation Echelon Wealth Partners Inc. |
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