Denholtz, a privately held investment management firm, has announced the launch and full reservation of DX SB Industrial I DST, the company’s first Delaware Statutory Trust (DST) offering.
The offering was made available to accredited investors seeking to complete a Section 1031 exchange or to invest in a property interest that may be eligible for another Section 1031 exchange upon disposition and was fully reserved within six weeks. The DST sponsor partnered with Orchard Securities, as the exclusive managing broker-dealer to offer the securities.
DX SB Industrial I DST owns Sweetwater Business Center, a nine-building, 225,789 square-foot shallow-bay flex industrial property in Tampa, Fla. The property was originally purchased by a Denholtz affiliate in 2019.
The DST was offered through Denholtz Wealth Exchange, the firm’s new tax-deferred real estate investment platform. Led by Executive vice president and head of capital markets Jennifer McCool, Denholtz W
