NexPoint Launches $39 Million Small Bay Industrial DST Offering

Alternative investments firm NexPoint announced the launch of NexPoint Small Bay II DST, a Delaware statutory trust offering. The offering is comprised of two small bay industrial properties in the Orlando-Kissimmee-Sanford metropolitan statistical area.

The two properties in the DST offering include the Lakefront Property, which offers 192,767 square feet of flex and multitenant industrial space; and the Belle Property, a 186,162-square-foot property comprised of 13 recently renovated small bay industrial buildings. Sized at just under $39 million, the DST adds 378,929 square feet of multi-tenant warehousing and industrial space to NexPoint’s portfolio.

“We believe that small bay industrial properties are one of the most attractive sectors in the commercial real estate space,” said Taylor Colbert, director of real estate at NexPoint Real Estate Advisors. “With demand for small bay properties growing, driven by increasing populations and low supply, we believe we can leverage our experience to address this need to the benefit of the community and our investors.”

According to NexPoint, the Orlando-Kissimmee-Sanford MSA is expected to benefit from a growing population base and higher income, education, and employment levels. NexPoint’s addition of two small bay industrial properties will meet the increasing demand for flexible industrial, office, and warehouse space in the growing region.

This launch closely follows the recent introduction of several other DSTs by the firm. In June, NexPoint launched a $46 million self-storage DST offering, and in January, it launched a $31 million life sciences DST offering. In late 2023, the company launched its $137 million semiconductor manufacturing DST offering.

NexPoint is a multibillion-dollar alternative investment firm comprised of a group of investment advisers and sponsors, a broker-dealer, and a suite of related investment vehicles.

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