This 90,465 square foot industrial asset features an investment grade, national logistics industry leader, and a recently executed ten-year net lease.

LOS ANGELES, Nov. 3, 2026 /PRNewswire/ -- Cove Capital Investments, LLC, a Delaware Statutory Trust company specializing in debt-free Delaware Statutory Trust offerings for 1031 exchange and direct cash investors, announced that it has successfully completed the acquisition of a highly sought after industrial distribution asset in Birmingham, AL. The acquisition is a Regulation D, Rule 506(c) offering that is targeting a $11,333,949 equity raise.

The property is 100% leased to a multinational courier and logistics company with a investment-grade credit rating of BBB from S&P.* The facility also serves as a "hub" for the surrounding greater Birmingham, AL metropolitan area, and includes a 90,465 square-foot industrial distribution facility with 30 dock doors, 51 trailer spaces, a vehicle maintenance building, and direct functionality for heavy-freight operations.

Dwight Kay, Managing Partner and Co-Founder of Cove Capital Investments, explained that the current tenant has occupied the distribution facility since its original construction in 1997.

"It potentially says a lot about a location when a tenant has continuously occupied an asset for approximately 28 years. Their commitment to the location can also be reflected in the tenant's decision to recently extend their lease for an additional ten years. This extension potentially underscores the offering's continued importance to the tenant," said Kay. *

Location and Birmingham Market Overview

The 11-acre property is strategically located near the intersections of Interstates I-20/59, I-65, and I-22, which provide access to regional population centers and major distribution markets throughout the Southeast. The region also benefits from Class I rail service and access to inland port infrastructure.

"One of the reasons we believe investors will be potentially attracted to this asset is its proximity to Birmingham and the role it plays as a regional logistics, manufacturing, and distribution hub connecting major Southeastern markets like Atlanta, Nashville, Memphis, and New Orleans," said Chay Lapin, Managing Partner and Co-Founder of Cove Capital Investments.

About Cove Capital Investments

Cove Capital Investments is a Delaware Statutory Trust sponsor company that operates a portfolio of over 4.1 million square feet of real estate across 134 properties nationwide. Over 2,700 investors have trusted Cove Capital with their 1031 exchange and investment dollars, many of them being repeat investors in multiple DST offerings over the years. Our offerings are attractive to those investors seeking to lower risk potential as the majority of Cove Capital's DST offerings are debt free (no mortgage – no lender foreclosure risk). To sign up for a list of the current Cove Capital offerings available for 1031 exchange and direct investments, please visit www.covecapitalinvestments.com.

For further information, please visit www.covecapitalinvestments.com or contact Cove Capital at (877) 899-1315 and via email at info@covecapitalinvestments.com.

* Past performance is no guarantee of future results.

* Diversification does not guarantee profits or protect against losses.

* Potential cash flow, potential returns and potential appreciation are not guaranteed.

* *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. This material 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 herein. Investors should perform their own investigations before considering any investment. 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. This material is not intended as tax or legal advice. 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 properties, short term leases, 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. Past performance is not a guarantee of future results. For an investor to qualify for any type of investment, there are both financial requirements and suitability requirements that must match specific objectives, goals and risk tolerances. Securities offered through FNEX Capital, member FINRA, SIPC.*

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SOURCE Cove Capital Investments