Essential Properties Realty Trust, a triple-net-lease REIT that manages single-tenant commercial properties, filed on Friday with the SEC to raise up to $100 million in an initial public offering.
The Princeton, NJ-based company was founded in 2016 and booked $44 million in sales for the 12 months ended March 31, 2018. It plans to list on the NYSE under the symbol EPRT. Goldman Sachs, Citi and Barclays are the joint bookrunners on the deal. No pricing terms were disclosed.
