NexPoint, a multibillion-dollar alternative investment firm, today announced the launch of NexPoint Small Bay II DST, a Delaware statutory trust (DST) offering comprising two strategically located and configured Small Bay industrial properties in the Orlando-Kissimmee-Sanford metropolitan statistical area.
The offering, sized at just under $39 million, adds an additional 378,929 square feet of multi-tenant warehousing and industrial space to NexPoint’s portfolio.
The two properties in the DST offering include:
The Lakefront Property, which offers 192,767 square feet of flex and multi-tenant industrial space;
The Belle Property, a 186,162 square foot property with 13 recently renovated Small Bay industrial buildings.
With this offering, NexPoint continues to expand its footprint in both Ce