BGO Industrial Real Estate Income Trust, Inc.’s Initial Public Offering Declared Effective by the U.S. Securities and Exchange Commission

New York – July 11, 2023 — BGO Industrial Real Estate Income Trust, Inc. (“BGO IREIT”) today announced its Registration Statement on Form S-11 in connection with its initial public offering of common stock has been declared effective by the U.S. Securities and Exchange Commission. BGO IREIT is offering on a continuous basis up to $5,000,000,000 in shares of its Class S, T, D, and I common stock, consisting of up to $4,000,000,000 of shares in the primary offering and up to $1,000,000,000 of shares pursuant to a distribution reinvestment plan.

BGO IREIT is a newly organized corporation formed to be a pure-play industrial real estate investment trust investing primarily in stabilized, income-oriented industrial warehouse and logistics properties primarily located in the United States. To a lesser extent, BGO IREIT will also invest in real estate-related assets, including real estate debt and real estate-related securities.

BGO IREIT intends to invest primarily in industrial warehouse and logistics properties selected for their location, functionality, and potential cash flow characteristics, as well as their stability and their generally low maintenance and capital improvement costs. These properties will primarily consist of institutional-quality, modern bulk distribution warehouses, light industrial buildings, last-mile distribution facilities, temperature-controlled logistics properties and logistics chain properties.

BGO IREIT is sponsored by BGO, a leading, global real estate investment management advisor and a recognized provider of real estate services, with a long-standing track record in the investment and asset management of industrial, office, retail, and multi-family property globally. BGO IREIT will be externally advised by its affiliate, BentallGreenOak (U.S.) Limited Partnership.

The purchase price per share for each class of BGO IREIT’s common stock will vary and will generally equal its prior month’s net asset value per share for such class, as determined monthly, plus any applicable upfront selling commissions and dealer manager fees.

BentallGreenOak Real Estate US LLC, member FINRA and SIPC, is acting as the dealer manager for the offering on a best-efforts basis and will engage selected broker-dealers to participate in the distribution of shares to individual investors. Advisors Asset Management, member FINRA and SIPC, is acting as the sub-dealer manager for the offering on a best-efforts basis.

Written copies of the prospectus may be obtained from BentallGreenOak Real Estate US LLC, Attn: BGO IREIT, 399 Park Avenue, 18th Floor, New York, New York 10022 or by email at ireitbybgo@bgo.com.

This press release contains forward-looking statements about BGO IREIT’s business, including, in particular, statements about its plans, strategies and objectives. You can generally identify forward-looking statements by the use of forward-looking terminology such as “may,” “will,” “expect,” “intend,” “anticipate,” “estimate,” “believe,” “continue” or other similar words or the negatives thereof. These statements include BGO IREIT’s plans and objectives for future operations, including plans and objectives relating to future growth and availability of funds, and are based on current expectations that involve numerous risks and uncertainties. Assumptions relating to these statements involve judgments with respect to, among other things, future economic, competitive and market conditions and future business decisions, all of which are difficult or impossible to accurately predict and many of which are beyond BGO IREIT’s control. Although BGO IREIT believes the assumptions underlying the forward-looking statements, and the forward-looking statements themselves, are reasonable, any of the assumptions could be inaccurate and, therefore, there can be no assurance that these forward-looking statements will prove to be accurate and BGO IREIT’s actual results, performance and achievements may be materially different from that expressed or implied by these forward-looking statements. In light of the significant uncertainties inherent in these forward-looking statements, the inclusion of this information should not be regarded as a representation by BGO IREIT or any other person that its objectives and plans, which BGO IREIT considers to be reasonable, will be achieved.

This press release is neither an offer to sell nor a solicitation of an offer to buy securities. An offering is made only by the prospectus. This press release must be read in conjunction with the prospectus in order to fully understand all of the implications and risks of the offering of securities to which the prospectus relates. A copy of the prospectus must be made available to you in connection with any offering. No offering is made except by a prospectus filed with the Department of Law of the State of New York. Neither the U.S. Securities and Exchange Commission, the Attorney General of the State of New York nor any other state securities regulator has approved or disapproved our common stock, determined if the prospectus is truthful or complete or passed on or endorsed the merits of the offering. Any representation to the contrary is a criminal offense.

Informational advertising only. The securities herein described have not been qualified or registered for sale in Texas. Any representation to the contrary or consummation of sale of these securities in Texas prior to qualification or registration thereof is a criminal offense.

About BGO

BGO is a leading, global real estate investment management advisor, real estate lender, and a globally-recognized provider of real estate services. BGO serves the interests of more than 750 institutional clients with approximately $83 billion USD of assets under management (as of March 31, 2023) and expertise in the asset management of office, industrial, multi-residential, retail and hospitality property across the globe. BGO has offices in 28 cities across fourteen countries with deep, local knowledge, experience, and extensive networks in the regions where we invest in and manage real estate assets on behalf of our clients in primary, secondary and co-investment markets.

BGO is a part of SLC Management, which is the alternatives asset management business of Sun Life.

The assets under management shown above includes real estate equity and mortgage investments managed by the BGO group of companies and their affiliates, and as of 1Q21, includes certain uncalled capital commitments for discretionary capital until they are legally expired and excludes certain uncalled capital commitments where the investor has complete discretion over investment.

For more information, please visit www.bgo.com

Contact:

James Doyle
JConnelly
973 944 8105
jdoyle@jconnelly.com