Cove Capital Completes Purchase of Gulfport, MS Net Lease Logistics Asset for Delaware Statutory Trust Offering


Cove Capital Investments, LLC (“Cove Capital”) adds another strategic logistics acquisition to its growing list of all-cash, debt-free DST investment offerings designed for investors looking to potentially mitigate risk without long-term mortgages for encumber the properties.

LOS ANGELES, June 2, 2022 /PRNewswire/ — Cove Capital Investments, LLC, announced that it has completed the purchase of a 40,595 square foot single-tenant logistics facility at Gulfport, MS which is rented by one of the largest express companies in the world.

Cove Capital Investments creates investments for accredited investors, with a focus on debt-free 1031 Exchange Delaware Statutory Trust (DST) investments as well as debt-free real estate funds. Our offerings are attractive to investors looking to potentially mitigate risk through debt-free offerings without long-term mortgages encumbering properties, which is an investment approach unlike most other offerings on the market.

Because the tenant is considered a critical logistics/distribution provider, it has remained open and active during the recent COVID-19 pandemic, and therefore potentially more resilient to “black swan events”.

The industrial building was constructed in 2006 by a developer specializing in custom construction projects for Fortune 500 logistics companies. As a result, the gulfport the logistics building is 100% occupied by a committed tenant and the property benefits from debt-free ownership by investors with no risk of foreclosure from the lender.

“Cove Capital’s DST investment acquisition team appreciated several things about this asset, including the fact that the facility performs core logistics operations and is anchored by a premier tenant and high quality with a long-standing commitment to location. Additionally, this property is at the center of a highly sought-after logistics/industrial market,” said Chai Rabbitmanaging member and co-founder of Cove Capital Investments.

The property was purchased in the name of Cove Net Lease Ground 44 DST, a Regulation D, Rule 506c private placement offering all cash/debt free Delaware Statutory Trust.

“With the booming industrial/logistics real estate sector and strong demand for logistics space, we believe this asset is a major asset to our DST investment portfolio and our investors due to its location, tenant stability during the COVID-19 shutdown, and the growing lack of inventory for quality logistics buildings,” Lapin said.

About Cove Capital Investments

Cove Capital Investments is a real estate private equity firm providing accredited investors with access to 1031 Delaware Statutory Trust exchange-eligible properties as well as other real estate investment offerings. The Cove Capital team includes acquisitions, asset management, accounting, due diligence, in-house legal counsel, investor relations, marketing and capital markets. Cove Capital maintains a strong current inventory of DST real estate and private equity offerings potentially available to investors. Cove Capital Investments has sponsored and co-sponsored the syndication of over 2.3 million square feet of 1031 DST and real estate offerings in the multifamily, net lease, industrial and office sectors. Cove Capital Investments executives seek to invest alongside investors in each of their offerings.

For more information, please visit or contact Cove Capital at (877) 899-1315 and by email at

*Diversification does not guarantee profits or protect against losses. * Past performance does not guarantee future results. This document does not constitute an offer to sell or a solicitation of an offer to buy any securities. Such offers can only be made through the Confidential Private Placement Memorandum (the “Memorandum”). Please read the entire Memorandum paying particular attention to the risk section before investing. This correspondence contains information that has been obtained from sources believed to be reliable. However, Cove Capital Investments, LLC does not guarantee the accuracy and validity of the information contained herein. Investors should carry out their own investigations before considering any investment. IRC Section 1031, IRC Section 1033 and IRC Section 721 are complex tax codes, so you should consult your tax or legal advisor for more details regarding your situation. This document is not intended to provide tax or legal advice. There are significant risks associated with investing in real estate, properties held by a Limited Liability Company (LLC), LLC interests, Delaware Statutory Trust (DST) properties and real estate securities, including l illiquidity, vacancies of tenants, general market conditions and competition, lack of historical operation, interest rate risks, risk of new offers coming to the market and falling rental rates, general risks of owning/operating commercial properties and net leases, short term leases associated with net lease properties, financing risks, potential adverse tax consequences, general economic risks, development risks and long holding periods. There is a risk of losing all the capital invested. Past performance is not indicative of future results. Potential cash flows, potential returns and potential appreciation are not guaranteed. For an investor to be eligible for any type of investment, there are both financial requirements and suitability requirements that must match specific objectives, goals and risk tolerances. Nothing contained herein, including this disclosure or any other disclosure in this message, constitutes tax, legal, insurance or investment advice, or constitutes a solicitation or offer to buy or sale of securities or other financial instruments. Securities offered by Capital FNEX, member FINRA, SIPC.



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