NexPoint Fully Subscribes $38.8M Orlando Small Bay Industrial DST  

NexPoint has fully subscribed its $38.8 million Small Bay II DST, a Delaware statutory trust offering launched in July 2024. The offering consists of two small bay industrial properties in Orlando, FL. 

The two properties include The Lakefront Property, which offers 192,767 square feet of flex and multi-tenant industrial space across four buildings, and The Belle Property, a 186,162 square-foot property comprised of 13 recently renovated small bay industrial buildings. 

“We believe the flexibility of use and favorable supply/demand dynamics make the small bay sector well positioned for growth in 2025,” said Matt McGraner, NexPoint CIO and EVP of the DST sponsor. “We are pleased to see strong subscription activity in our second small bay offering that supports our outlook for the sector.” 

Dallas-based NexPoint launched its first small bay industrial DST, Small Bay I, in 2023 as a $59.5 million offering. For both of its small bay DST offerings, NexPoint partnered with Basis Industrial. 

Last month, NexPoint announced the launch of its $45 million NexPoint Storage VI DST. In December 2024, the firm announced it fully subscribed its NexPoint Storage V DST, which reached its $46 million target following its launch in June.