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JOSS Realty REIT, Inc. (JOSS)


Company Overview

Proposed Symbol JOSS
Company Name JOSS Realty REIT, Inc.
Exchange
Share Price $
Employees 5 (as of 09/19/2025)
Status
Shares Offered
Offer amount $15,000,000
Shares Over Alloted
Company Address 650 FIFTH AVENUE, SUITE 2700 NEW YORK NY 10019
Company Phone 2127108194
Company Website www.navan.com
CEO Larry Botel
State of Inc
Fiscal Year End 12-31
Total Offering Expense $776,064.00
Shareholder Shares Offered
Shares Outstanding 12,000,000
Lockup Period (days) 180
Lockup Expiration
Quiet Period Expiration
CIK 0002067746
DealId 1349503-115395

Company Description

We are a real estate investment company focused on acquiring, improving, owning and managing diverse multi-tenant office properties focusing in diverse, strong economic urban and close suburban nodes in major, top-25 Metropolitan Statistical Areas (“MSAs”). We own 100% of the interests in two multi-tenant office properties and a 27% interest in one multi-tenant office property, all three of which we refer to collectively as our “initial portfolio.” The multi-tenant office properties are comprised of buildings with an aggregate of approximately 308,000 net rentable square feet and 31 total tenants, and are approximately 70% leased, based on the total rentable square footage of our initial portfolio. Our total annualized base rent from our initial portfolio for the quarter ended June 30, 2025 is $7.4 million. Our initial portfolio includes properties located in three markets within major MSAs in the Northeast and on the West Coast: Boston, Philadelphia and the San Francisco Bay Area. We intend to seek additional opportunities in the MSAs where we currently own properties, and other MSAs such as Washington, D.C., Los Angeles, Miami/West Palm Beach, and New York. Our tenants come from a variety of industries, including engineering, banking, consulting, consumer retail, and healthcare, and include investment grade tenants such as Wells Fargo Bank, N.A. (“Wells Fargo”), Raymond James & Associates, Inc. (“Raymond James”), Charles Schwab & Co. Inc. (“Charles Schwab”), and Oppenheimer & Co. Inc. (“Oppenheimer”). These four tenants make up a total of 12% of our total current leased square footage. The weighted average remaining lease term (“WALT”) of our properties is 4.5 years. --- We were formed as a Maryland corporation on April 15, 2025. Our principal executive offices are located at 650 5th Avenue, Suite 2700, New York, New York 10019 and our telephone number is (212) 710-8193.