ARCTRUST Launches DST Offering for Ohio Property

ARCTRUST Inc., a sponsor of non-traded real estate alternative investment offerings, announced the launch of ARCTRUST Industrial Delaware statutory trust, a Regulation D private placement offering that seeks to raise up to $7.1 million in equity from accredited investors with a minimum investment of $50,000.

The offering consists of a 144,328-square-foot, single-story industrial building in Cleveland, Ohio. ARCTRUST says the building was purchased by the DST on Aug. 16, 2023, for approximately $11.6 million.

In total, the company says there were more than $12.1 million of capital improvements invested into the property in 2023.

“As we continue to expand our DST platform with this mission-critical industrial asset, it further confirms our commitment to the DST industry and our conviction that properties like these offer unique potential advantages for our shareholders, such as diversification potential, possible tax benefits and exposure to industry leading tenants,” said Chris Wadelin, ARCTRUST Private Capital CEO. “We believe the DST offers an exceptional opportunity to utilize these advantages to the benefit of everyone involved.”

Located on approximately 11.08 acres at 7000 Denison Avenue, the building is 100% leased to Polychem LLC, also known as Greenbridge, a company known for serving a variety of industries, including Itatools, Caristrap and Polychem Systems. Originally constructed in 1967 and recently renovated in 2022, ARCTRUST says the property contains 160 standard parking places and six ADA-compliant parking spaces in addition to the building.

New Jersey-based ARCTRUST is a 38-year-old real estate company that has been responsible for the development, acquisition and joint-venture funding of more than 500 properties with an aggregate value in excess of $5 billion.

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