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.”
About Kay Properties and Investments, LLC:
Kay Properties and Investments, LLC is a national Delaware Statutory Trust (DST) investment firm with offices in Los Angeles, San Diego, San Francisco, Seattle, New York City and Washington DC. Kay Properties team members collectively have over 114 years of real estate experience, are licensed in all 50 states, and have participated in over $9 Billion of DST real estate. Our clients have the ability to participate in private, exclusively available, DST properties as well as those presented to the wider DST marketplace; with the exception of those that fail our due-diligence process. To learn more about Kay Properties please visit: www.kpi1031.com