NetSTREIT’s $233 Million Common Stock Offering

Winston & Strawn LLP represented NetSTREIT Corp. on the offering.

NetSTREIT closed a private offering of 11,797,645 shares of its common stock at a price of $19.75 per share, which includes 2,936,985 shares sold upon full exercise of the initial purchaser’s option to purchase or place additional shares of common stock. The shares of common stock were sold in the United States only to Qualified Institutional Buyers as permitted under Rule 144A of the Securities Act or in reliance on Regulation D under the Act, or outside the United States in reliance on Regulation S under the Act.

NetSTREIT intends to use the proceeds from the offering for the acquisition of properties in its investment pipeline and other potential acquisitions and for general corporate and working capital purposes.

NetSTREIT is a Real Estate Investment Trust (REIT) based in Dallas, Texas that specializes in acquiring single-tenant net lease retail properties nationwide.

Winston & Strawn team was led by Partner Christina Roupas (Picture; Chicago), and included Partner Andy White (Chicago), Partner Courtney Tygesson (Chicago), Associate Alaina DeBona (Chicago), Associate Brad Schlotter (Chicago), and Associate Christina George (Chicago).

Involved fees earner: Alaina DeBona – Winston & Strawn; Christina George – Winston & Strawn; Christina Roupas – Winston & Strawn; Bradley Schlotter – Winston & Strawn; Courtney Tygesson – Winston & Strawn; Andrew White – Winston & Strawn;

Law Firms: Winston & Strawn;

Clients: NetSTREIT Corp.;

Author: Ambrogio Visconti