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Alternative Assets  + Real Assets  + Real Estate  |  February 18, 2025
Walton Global Launches 215-Acre North Carolina DST Offering 
By: Joe Palmisano

Walton Global Launches 215-Acre North Carolina DST Offering 

Walton Global, a real estate investor and land asset manager, has launched its North Carolina Growth 2 DST offering, focused on land-based investments in Greenville, NC. The newest addition is a 215-acre property in Pitt County, known as Allen Tract, intended for residential development. 

Allen Tract is strategically positioned near key landmarks and infrastructure. It is located just a few miles from ECU Medical Center, Downtown Greenville, Pitt-Greenville Airport, and East Carolina University. 

The property is currently zoned as rural residential in Pitt County, with plans underway to annex it into The City of Greenville with a planned development zoning adjustment. 

“With the anticipated price range of homes set between $250,000 to $360,000 and various homesite options available, Allen Tract is poised to meet the growing demand for quality residential space in the region,” said Mike Doherty, EVP of land acquisitions at Walton. 

Walton Global has over 88,000 acres of land under ownership, management and administration in the U.S. and Canada, totaling $4.5 billion. 

Last August, the firm announced the launch of its Delaware Growth 1 DST. The Indian Point offering is in Felton, DE and includes 128 acres of land zoned for residential development. 

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About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.
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