Cove Capital Investments announced the full subscription of Cove Essential Net Lease Industrial 114 DST, raising $12,126,736 in investor equity for a newly constructed industrial property in Mobile, Alabama. The debt-free Delaware Statutory Trust (real-estate investment structure) offering was made under Regulation D, Rule 506(c), and is intended for accredited 1031 exchange and direct cash investors. Completed in 2025, the 23,018-square-foot facility sits on approximately 4.70 acres and serves as a product exchange center for a leading national food and beverage company. The property has 16 dock-high doors, one grade-level door, secured yard space, a training room and approximately 50 employee parking spaces. Cove said the site benefits from Interstate 65 access, proximity to Interstate 10, the Port of Mobile and other transportation infrastructure. The offering used an all-cash structure, included co-investment by Cove principals and offered 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.