---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-044551"
form_type: "8-K"
ticker: null
cik: "0001966394"
company_name: "Fortress Net Lease REIT"
filed_at: "2024-10-29T23:59:59+00:00"
generated_at: "2026-05-30T09:25:53.570286+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Fortress Net Lease REIT acquires 3 industrial properties from Syngenta for $206.65M

## Summary
- Acquisition of 3 industrial properties from Syngenta AG subsidiaries for $206.65M on Oct 23, 2024.
- Properties located in Vero Beach, FL; Lone Tree, IA; and Waterloo, NE.
- Properties leased back to seller under absolute triple net master lease.
- Financed using proceeds from company's continuous private offering.

## SEC filing metadata
- accession: 0001140361-24-044551
- form_type: 8-K
- cik: 0001966394
- company_name: Fortress Net Lease REIT
- filed_at: 2024-10-29T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1966394/000114036124044551/0001140361-24-044551-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1966394/000114036124044551/ef20037836_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-044551
- JSON: https://secwatch.observer/filing/0001140361-24-044551.json
- Plain text: https://secwatch.observer/filing/0001140361-24-044551.txt

## Key facts
- M&A Transactions
  Fortress Net Lease REIT completed an acquisition involving certain subsidiaries of Syngenta AG for $206,650,000.00 (closed 2024-10-23).
  - Action: acquisition
  - Counterparty: certain subsidiaries of Syngenta AG
  - Consideration: $206,650,000.00
  - Closing: 2024-10-23
  source text: a subsidiary of the Company acquired a portfolio of 3 industrial properties from the Seller for an aggregate purchase price of $206,650,000.00
  evidence_url: https://www.sec.gov/Archives/edgar/data/1966394/000114036124044551/0001140361-24-044551-index.htm

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