"Failed to find object 'Class None'" in project log after creation

Users reported seeing the line "LogUObjectGlobals:Warning: Failed to find object 'Class None.'" in the Output log after creating a project. I was able to confirm in a new blank code project without starter content. This does not seem to affect creating, loading, or opening the project in anyway.

1. Open UE4 Editor
2. Create a new Code project w/o starter content
3. After project opens, close the project and open the project log file
4. Scroll to the bottom of the log to find the warning message