Kay Properties Closes Delaware Statutory Trust (DST) Property in Maplewood, MO

Los Angeles, CA and St. Louis, MO

Kay Properties has successfully completed the Maplewood Industrial DST in Maplewood, MO. This DST property was made available to accredited investors under Regulation D Rule 506c and had a total equity raise of $5,988,500.

The Maplewood Industrial DST is a 37,000 square foot industrial distribution facility. The property is 100% leased and occupied with a corporate guarantee on the lease from a publicly traded company. Additionally, it is in an ideal location, being less than five miles from the
growing downtown St. Louis market, with easy airport access and the accessibility of multiple highways.

Dwight Kay, Founder and CEO of Kay Properties commented, “The Maplewood Industrial DST is an ideally located asset, 100% occupied on a long-term net lease that our clients had the opportunity to participate in. We are grateful for all of our clients that chose to invest in this offering either via 1031 exchange or a direct cash investment.”