Share Redemption Program

Share Redemption Program
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
2 years
3 years
4 years and longer
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.
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.


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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.

The dealer manager for IPT's public offering of securities is Black Creek Capital Markets, LLC, member FINRA.