Cove Capital Investments, a Delaware Statutory Trust (DST) sponsor company that specializes in providing accredited investors access to debt-free options for their 1031 exchange and direct cash investments, announced it has completed the acquisition of two properties to finalize its new Texas Small Bay Industrial Portfolio 86 DST offering.
According to Dwight Kay, managing member founder of Cove Capital Investments, the Cove Texas Small Bay Industrial 86 DST is unique in that it provides investors the opportunity to invest in a newly constructed small bay industrial portfolio in the greater Houston region.
The small bay asset class has gained the attention of industrial real estate in recent months as investors are attracted to smaller properties with multiple tenants because they provide the opportunity to potentially add value by raising rents to market rates with lease terms that are typically 12 to 36 months. In addition, investors face less risk from large event v
