February 20, 2020
Capital Square 1031, a leading sponsor of Delaware statutory trust (DST) offerings, launched CS1031 Midwest Industrial, DST, which seeks to raise $9.2 million in equity from investors seeking 1031 exchange replacement property and cash investors.
The Reg. D private placement covers a 146,278-square-foot corporate headquarters and manufacturing facility for Creative Extruded Products in Tipp City, OH, within the Dayton metro area.
“There is a strong demand for industrial properties leased on a long-term basis by strong manufacturing companies such as Creative Extruded Products,” said Louis Rogers, Capital Square’s founder and CEO.
He added, “This offering was structured on an all-cash, no debt, basis for investors who do not need or want debt for their Section 1031 exchange, thereby removing the risks created by a mortgage. Capital Square has sponsored all-cash DST offerings for many years to service the growing number of DST investors seeking this option for their investment portfolios.”
Photo courtesy of Creative Extruded Products.
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Tags: Acquisition, Industrial, Sale
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