---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-020300"
form_type: "8-K"
ticker: null
cik: "0001966394"
company_name: "Fortress Net Lease REIT"
filed_at: "2024-04-17T23:59:59+00:00"
generated_at: "2026-06-03T21:53:45.610081+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Fortress Net Lease REIT acquires 27 industrial properties for $132.5M from RelaDyne

## Summary
- Purchase price of $132,520,000 for 27 industrial properties acquired from subsidiaries of RelaDyne, Inc.
- Acquisition financed with proceeds from the Company's continuous private offering.
- Properties located across 9 states: 15 in TX, 3 in PA, 2 each in FL and LA, 1 each in CA, GA, MD, MS, UT.
- Upon closing, properties leased back to seller under an absolute triple net master lease.
- Purchase Agreement contains customary representations, warranties, and indemnification provisions.

## SEC filing metadata
- accession: 0001140361-24-020300
- form_type: 8-K
- cik: 0001966394
- company_name: Fortress Net Lease REIT
- filed_at: 2024-04-17T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1966394/000114036124020300/0001140361-24-020300-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1966394/000114036124020300/ef20027145_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-020300
- JSON: https://secwatch.observer/filing/0001140361-24-020300.json
- Plain text: https://secwatch.observer/filing/0001140361-24-020300.txt

## Key facts
- Material Agreements
  Fortress Net Lease REIT entered into Purchase Agreement with certain subsidiaries of RelaDyne, Inc. (the " Seller ") valued at aggregate purchase price of $132,520,000 (effective 2024-04-11).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: certain subsidiaries of RelaDyne, Inc. (the " Seller ")
  - Value: aggregate purchase price of $132,520,000
  - Effective: 2024-04-11
  source text: a subsidiary of Fortress Net Lease REIT (the “ Company ”) entered into a purchase and sale agreement (the “ Purchase Agreement ”) with certain subsidiaries of RelaDyne, Inc. (the “ Seller ”), pursuant to which a subsidiary of the Company acquired a portfolio of 27 industrial properties from the Seller for an aggregate purchase price of $132,520,000
  evidence_url: https://www.sec.gov/Archives/edgar/data/1966394/000114036124020300/0001140361-24-020300-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.