The Case for Supply Chain Real Estate

A strategic investment opportunity

Why invest in logistics real estate?

Our portfolio is purpose-built to provide quarterly dividends, stability in uncertain times, and protection against inflation by investing in dry and cold storage warehouses, healthcare facilities, and mobility hubs.
Ecommerce

Pandemic Demand Shock: eCommerce Penetration Triple

During the pandemic eCommerce market penetration more tripled from about 4% in 2019 to 12.5%, according to data from the U.S. Department of Commerce.

Consumers Favor 
eCommerce for Convenience, Choice & Immediacy

The growth of the internet as a platform for retail sales has brought about a paradigm shift in the distribution of goods and services: consumers are losing their appetite to travel to purchase goods. Over the past five years, digital commerce has grown 140% to a $2.4 trillion market opportunity, according to CBRE.

Evolution of Logistics Will Create Strong Exit Environment for Assets

The growth of the internet as a platform for retail sales has brought about a paradigm shift in the distribution of goods and services: consumers are losing their appetite to travel to purchase goods. Over the past five years, digital commerce has grown 140% to a $2.4 trillion market opportunity, according to CBRE.

Massive Infrastructure Shortage Due to Surging 
eCommerce Demand

Rapid shift in consumption from retail to eCommerce has vastly oustripped available supply of fulfillment and distribution properties. Industrial vacancy is 4.5% as of Q2 2021 — an all-time low.

You Earn, Then We Earn

Our TripleZero™ fee structure means that we charge zero acquisition fees, zero distribution fees, and zero development fees. Plus, we offer investors a 15% IRR piority hurdle before we receive any performance consideration.

0%

Acquisition Fee

0%

Distribution Fee

0%

Development Fee

16-18%

Target Annual Return

Investors Are First In Line

NLI’s TripleZero™ fee structure is one of the lowest in the REIT industry. Investors receive 100% of invested capital and a 15% IRR before NOYACK earns any incentive bonus from the profits.

NOYACK Logistics Income REIT Blackstone REIT Fundrise Opportunity Fund
Acquisition Fee 0% Up to 6% Up to 2%
Distribution Fee 0% Up to 0.85% N/A
Development Fee 0% N/A 0%
Disposition Fee 1% Up to 3% 1%
Asset Mgmt. Fee 0.75% of NAV 1.75% of NAV 0.75% of NAV
Priority Return 15% IRR to Investors† 5% Annualized IRR 8% Annual, Non Compounded
Acquisition Fee
Distribution Fee
Development Fee
Disposition Fee
Asset Mgmt. Fee
Priority Return
NOYACK Logistics Income REIT
0%
0%
0%
1%
0.75% of NAV
15% IRR to Investors†
Blackstone REIT
Up to 6%
Up to 0.85%
N/A
Up to 3%
1.75% of NAV
5% Annualized IRR
Fundrise Opportunity Fund
Up to 2%
N/A
0%
1%
0.75% of NAV
8% Annual, Non Compounded

Upon a liquidation event, NLI will distribute ALL net cash to investors FIRST until they have received BOTH return of their investment PLUS a 15% internal rate of return on their investment BEFORE the Manager receives any performance consideration. 50/50 split after 15% return to investors.

Potential portfolio disposition to institutional partners. Optimal exist when the future value of supply chain infrastructure is fully priced.

As a finance and investment professional of over 50 years, I performed a lot of due diligence on both CJ Follini and Noyack. In fact CJ traveled to meet me in Sarasota and spent considerable time answering my questions while describing his innovative strategy. I admire his vision for the CRE investment landscape and if my career taught me one thing - know your partners well. So after looking at 100's of sponsors over the last couple years, I consider Noyack to be among the best and CJ Follini as a talented investment professional who emphasizes transparency, communication and putting investors first before all else. He’s terrific.

Ernest "Doc" Werlin, Werlin Trust