Terms of the Offering
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Current Offering Price Per Share1
Class A Shares: $11.01
Class T Shares: $10.36
Offering Size
$2.0 billion
Minimum Investment2
$2,000
Distribution Reinvestment Plan1,3
Class A Shares: Reinvestment price is $9.74 per share
Class T Shares: Reinvestment price is $9.74 per share
Investor Suitability4
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  • Net worth of $250,000 or gross annual income of at least $70,000 and at least $70,000 net worth — excluding the value of an investor's home, furnishings and automobiles
  • Seeking income and diversification and/or potential long-term growth
  • Able to allocate a portion of an investment portfolio to illiquid assets for an indefinite period of time
Share Redemption Program5
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The dollar amount received from the redemption of shares generally will be equal to a percentage of the price originally paid for the shares; provided, that, if IPT is no longer engaged in a public offering of primary shares and the redemption price calculated in accordance with the terms of the share redemption program (including redemptions in the event of the death of a stockholder) would result in a redemption price that is higher than the estimated NAV per share of the Class A shares and the Class T Shares, respectively, most recently disclosed by the Company in a public filing with the SEC, then the redemption price will be equal to the respective estimated NAV per share most recently disclosed by the Company in a public filing with the SEC. You can access the share redemption program here.

IPT presently intends to limit the number of shares to be redeemed during any calendar quarter to the lesser of: (i) one-quarter of five percent of the number of shares of common stock outstanding as of the date that is 12 months prior to the end of the current quarter, and (ii) the aggregate number of shares sold pursuant to our distribution reinvestment plan in the immediately preceding quarter, less (iii) the number of shares redeemed in the most recently completed quarter in excess of such quarter’s applicable redemption cap due to qualifying death or disability requests of a stockholder or stockholders during such quarter. Investors must hold shares of our common stock that are eligible for redemption for a minimum of one year before requesting redemption. IPT’s board of directors reserves the right to reject any request for redemption of common stock for any reason, or to amend, suspend or terminate the share redemption program at any time upon no less than 30 days’ prior written notice. Therefore, investors should not assume that any or all of their shares will be redeemed by IPT pursuant to this program.
Share Purchase Anniversary
Redemption Price (% of Purchase Price)
Less than 1 year
No redemptions allowed
1 year
92.5%
2 years
95.0%
3 years
97.5%
4 years and longer
100.0%
Redemption requests with respect to death of a stockholder:
Neither the one-year holding period nor the redemption caps will apply in the event of the death of a stockholder and such shares will be redeemed at a price equal to 100% of the price paid by the deceased stockholder for the shares without regard to the date of purchase of the shares to be redeemed (subject to the limitations on redemption price described above); provided, however, that any such redemption request with respect to the death of a stockholder must be submitted to IPT within 18 months after the date of death.
1These amounts have been rounded to the nearest whole cent and the actual per share offering prices for the Class A Shares and Class T Shares are $11.0056 and $10.3617, respectively, and the actual per share distribution reinvestment plan offering prices for the Class A Shares and Class T Shares is $9.7400.

2Minimum investment may vary by state. See prospectus for details. 

3IPT's board of directors may terminate the distribution reinvestment plan in its discretion at any time upon 10 days notice.

4Suitability requirements may vary in AL, CA, IA, KS, KY, MA, ME, NJ, NM, ND, OH, OR and TN. Please review the prospectus for specific state restrictions.

5IPT presently intends to limit the number of shares to be redeemed during any calendar quarter to the lesser of:
(i) one-quarter of five percent of the number of shares of common stock outstanding as of the date that is 12 months prior to the end of the current quarter, and (ii) the aggregate number of shares sold pursuant to its distribution reinvestment plan in the immediately preceding quarter, less (iii) the number of shares redeemed in the most recently completed quarter in excess of such quarter’s applicable redemption cap due to qualifying death or disability requests of a stockholder or stockholders during such quarter. Investors must hold shares of IPT's common stock that are eligible for redemption for a minimum of one year before requesting redemption. IPT’s board of directors reserves the right to reject any request for redemption of common stock for any reason, or to amend, suspend or terminate the share redemption program at any time upon no less than 30 days' prior written notice. Therefore, investors should not assume that any or all of their shares will be redeemed by IPT pursuant to this program.
* Please see Supplement No. 10, dated December 13, 2016, to the Industrial Property Trust, Inc. (“IPT”) prospectus, dated April 21, 2016 (the “Prospectus”), as previously supplemented by Supplement No. 3, dated August 15, 2016 and as subsequently supplemented thereafter. Supplement No. 10 describes that IPT’s board of directors has determined that IPT will cease new sales of primary offering shares at the earlier to occur of either (i) June 30, 2017 or (ii) the date on which IPT sells all of the shares that remain available for sale pursuant to the offering. If IPT’s board of directors determines, in its sole discretion, to terminate the sale of primary shares pursuant to the offering earlier or later than the dates set forth above, IPT will notify stockholders by filing a supplement to the Prospectus with the SEC.

Supplement No. 3 includes disclosure that IPT’s board of directors determined to reallocate $325 million in shares previously allocated to the distribution reinvestment plan portion of IPT’s public offering to the primary portion of the offering. As of April 4, 2017, IPT had received gross proceeds of approximately $1.645 billion from the sale of shares of common stock in the primary offering. Accordingly, as of April 4, 2017, approximately $232.7 million in shares of IPT’s common stock remained available for sale pursuant to the primary offering and approximately $122.0 million in shares may be issued pursuant to IPT’s distribution reinvestment plan, all of which may be sold in any combination of Class A shares or Class T shares. IPT plans to continue to offer shares pursuant to its distribution reinvestment plan following the cessation of the sale of primary shares in the offering. IPT reserves the right to reallocate the shares further between the primary portion of the offering and the distribution reinvestment plan. All prospectus supplements should be read in conjunction with the Prospectus.

Please be aware that IPT, Industrial Property Trust Advisors LLC, Industrial Property Trust Advisors Group LLC, Black Creek Capital Markets, LLC and their respective officers, directors, employees and affiliates are not undertaking to provide impartial investment advice or to give advice in a fiduciary capacity in connection with IPT’s public offering or the purchase of IPT’s common stock and that the Advisor and the Dealer Manager have financial interests associated with the purchase of IPT’s common stock, as described in IPT’s prospectus, including fees, expense reimbursements and other payments they anticipate receiving from IPT in connection with the purchase of IPT’s common stock. These materials are not intended as a recommendation to make an investment in IPT’s common stock and investors should consult their financial advisors before making an investment decision.


NOT A DEPOSIT • NOT FDIC INSURED • NOT GUARANTEED BY THE BANK • MAY LOSE VALUE • NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY

Check the background of this firm on FINRA's Broker Check.

Real estate investment trusts (REITs) are not suitable for all investors. Investing in shares of IPT's common stock involves a high degree of risk. Please review the summary risk factors and see the prospectus for a complete list of the risks associated with the offering.

The information within this website concerning IPT is solely for informational purposes and constitutes neither an offer to sell nor the solicitation of an offer to buy securities by any person in any jurisdiction. The information presented herein is not, and is not intended to be, a complete discussion of all material information you should know about IPT or any other product.

If you are considering purchasing shares of IPT's common stock or any security, you should thoroughly read the relevant prospectus prior to making a purchase, and carefully consider the investment objectives and policies, risk considerations, charges and ongoing expenses of any security before investing or sending money.

Any underwriter or dealer participating in the offering can arrange to send you the prospectus upon request. You can also obtain a prospectus by accessing the “prospectus” section of this website, by calling toll-free 866.DCG.REIT (324.7348), or by visiting EDGAR on the SEC website at www.sec.gov and searching for company filings under the name of the applicable depositor.

The dealer manager for IPT's public offering of securities is Dividend Capital Securities LLC, member FINRA.
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