Cove Capital Investments Fully Subscribes Its Cove Essential Net Lease Industrial 108 Delaware Statutory Trust Offering After Successfully Raising $9,964,510 from Accredited 1031 Exchange and Direct Cash Investors

30,554 square foot debt-free industrial distribution facility in Anchorage, Alaska features a global logistics tenant and optional 721 exchange rollup as potential exit strategy.

LOS ANGELES, Sept. 9, 2026 /PRNewswire/ -- Cove Capital Investments, LLC, a leading Delaware Statutory Trust (DST) sponsor specializing in debt-free DST investment opportunities for accredited 1031 exchange and direct cash investors, is pleased to announce that its Cove Essential Net Lease Industrial 108 DST, a Regulation D, Rule 506(c) offering, has been fully subscribed after successfully raising $9,964,510 in investor equity.

The debt-free offering industrial distribution asset is leased to a leading national logistics and distribution company and strategically located in Anchorage, Alaska, one of North America's most important air cargo and logistics markets.

According to Dwight Kay, Managing Member and Founding Partner of Cove Capital Investments, the successful offering reflects continued investor demand for industrial real estate combined with Cove Capital's debt-free investment philosophy.

"The successful subscription of Cove Essential Net Lease Industrial 108 DST reflects the continued trust our investors and selling group partners place in Cove Capital and our disciplined approach to sourcing assets nationwide. We are grateful for the opportunity to serve a growing network of accredited investors, Broker-Dealers, Registered Representatives, and RIAs, and remain committed to identifying real estate opportunities with strong market fundamentals that may provide attractive long-term investment potential," said Kay.

Mission-Critical Industrial Distribution Facility

Cove Essential Net Lease Industrial 108 DST consists of an approximately 30,554-square-foot industrial distribution asset located in Anchorage, Alaska. Originally constructed as a purpose-built logistics facility, the property is strategically positioned within approximately five minutes of Ted Stevens Anchorage International Airport, one of the busiest cargo airports in the United States and a major global logistics hub serving both domestic and trans-Pacific shipping routes.

The property is leased to a nationally recognized logistics operator on a long-term basis. The investment strategy is designed to potentially benefit from the property's mission-critical location, purpose-built design, and positioning within an industrial market characterized by historically low vacancy. * Past performance is no guarantee of future results.

Key Investment Highlights

• Approximately 30,554-square-foot industrial distribution facility
• Purpose-built facility leased to a leading global logistics and distribution company
• Strategically located within approximately five minutes of Ted Stevens Anchorage International Airport
• Located within an industrial market reporting approximately 0.5% vacancy as of Q3 2025 *
• Structured as a 100% debt-free Delaware Statutory Trust
• Sponsor co-investment alongside investors

Sponsor Co-Investment and Debt-Free Structure

Chay Lapin, Managing Member and Founding Partner of Cove Capital Investments, noted that the firm's principals invested alongside investors in the offering, reinforcing Cove Capital's confidence in the investment.

"We believe investing our own capital alongside our investors demonstrates our confidence in this opportunity," said Lapin. "

Lapin added that Cove Capital's debt-free investment philosophy continues to differentiate the firm within the Delaware Statutory Trust industry by eliminating long-term mortgage financing, refinancing risk, lender foreclosure risk, and interest-rate sensitivity that may accompany leveraged real estate investments.

Potential 721 Exchange Exit Strategy

Unlike many other DST offerings, the Cove Essential Net Lease Industrial 108 DST offers investors the possibility of a fully optional 721 Exchange as a future exit strategy.

"One of the distinguishing features of this offering is the potential for a fully optional 721 Exchange. Should a future UPREIT opportunity become available, investors would have the opportunity to evaluate the destination REIT—including its leverage, dividend coverage, floating-rate debt exposure, Tax Protection Agreements, and other important considerations—before determining whether participation aligns with their individual investment objectives. Participation in any future 721 Exchange would remain entirely optional," said Kay.

About Cove Capital Investments

Cove Capital Investments is a Delaware Statutory Trust sponsor company that operates a national portfolio consisting of more than 4.3 million square feet of commercial real estate across approximately 138 properties. More than 2,700 investors nationwide have trusted Cove Capital with their 1031 exchange and investment capital, with many choosing to invest in multiple Cove offerings over the years.

To receive information regarding current Cove Capital offerings available for 1031 exchange and direct cash investments, please visit www.covecapitalinvestments.com.

For additional information, please contact Cove Capital Investments at (877) 899-1315 or [email protected].

Disclosures:
*Past performance is no guarantee of future results. Diversification does not guarantee profits or protect against losses. This material does not constitute an offer to sell nor a solicitation of an offer to buy any security. Such offers can be made only by the confidential Private Placement Memorandum (the "Memorandum"). Please read the entire Memorandum paying special attention to the risk section prior to investing. IRC Section 1031, IRC Section 1033 and IRC Section 721 are complex tax codes therefore you should consult your tax or legal professional for details regarding your situation. There are material risks associated with investing in real estate, Delaware Statutory Trust (DST) properties and real estate securities including illiquidity, tenant vacancies, general market conditions and competition, lack of operating history, interest rate risks, the risk of new supply coming to market and softening rental rates, general risks of owning/operating commercial and multifamily properties, financing risks, potential adverse tax consequences, general economic risks, development risks and long hold periods. There is a risk of loss of the entire investment principal. Potential cash flow, potential returns and potential appreciation are not guaranteed. Securities offered through FNEX Capital, member FINRA, SIPC.*

SOURCE Cove Capital Investments