Cove Capital fully subscribes Wichita retail and Mobile industrial DST offerings

  • Cove Capital fully subscribed DST offerings for retail and industrial properties in Wichita, Kansas, and Mobile, Alabama.
  • The offerings raised $12,951,877 for the Wichita center and $12,126,736 for the Mobile facility.
  • Both offerings used an all-cash, debt-free structure and included sponsor co-investment and a potential optional 721 Exchange exit.

Cove Capital Investments announced the full subscription of two Regulation D, Rule 506(c) Delaware Statutory Trust offerings: Cove Saddle Creek Kansas 109 DST raised $12,951,877 for a 100,061-square-foot multi-tenant retail center in Wichita, while Cove Essential Net Lease Industrial 114 DST raised $12,126,736 for a 23,018-square-foot industrial facility in Mobile, Alabama. The Wichita property has diversified national, regional and local tenants, while the Mobile facility, completed in 2025, serves as a product exchange center for a leading national food and beverage company. Both offerings used Cove’s debt-free, all-cash structure, included sponsor co-investment and provided a potential but entirely optional 721 Exchange exit strategy. Cove said its portfolio spans more than 4.3 million square feet across approximately 139 properties and includes more than 2,700 investors nationwide.

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