GoldCoast Logistics Headquarters
Industrial / logistics property in Elgin, IL — sponsored by Kingsbarn Realty Capital
Files with the SEC as KB Chicago Logistics, DST
Minimum investment
$248k
Offering size
$24.8M
How much has sold
99.0%
Asset type
Industrial / logistics property
Location
Elgin, IL
Financing
Not stated. The filings for this offering do not say whether it carries mortgage debt.
Sponsor-reported, from SEC filings and cited sources.
What is this, in one paragraph?
GoldCoast Logistics Headquarters combines the historical SEC filing record with the cited public sources we found for the property and its outcome. Use the chapters below to see what those sources establish, then use the source list to check the underlying materials.
Show sources (3)Hide sources (3)
These links support the historical public record; individual details may come from different sources.
On a 45-day clock? Find day 45 and day 180 from the sale date, then come back to this record.
What exactly is the property?
- Reported location
- Elgin, IL
- Property size
- 61,888 sq ft
How did it end?
No sale or other ending on record
KB Chicago Logistics, DST acquired GoldCoast Logistics Group headquarters at 1425 Madeline Lane, Elgin, IL via sale-leaseback in September 2023 with a 20-year triple-net lease; as of June 2026 the property is actively listed for sale on LoopNet (Listing #36377973) and NAI Global, indicating the DST still owns the asset and is attempting to dispose of it, with no completed full-cycle sale found.
61,888 SF single-tenant industrial/logistics facility at 1425 Madeline Lane, Elgin, IL, built-to-suit in 2022 for GoldCoast Logistics Group on a 20-year triple-net lease.
61,888 sq ftSupporting evidence
Who's behind it?
- Sponsor
- Kingsbarn Realty Capital
- Legal Trust name
- KB Chicago Logistics, DST
- May convert to a REIT
- No
- Offerings from this sponsor
- 10 active / 31 total offerings from Kingsbarn Realty Capital
Reported by the sponsor. Top1031 does not independently audit sponsor-reported figures.
What does the paperwork say?
- Form D filedFirst and latest filing on record.
- Filings on record
- 1
- How it may be offered
- Rule 506(c)May be advertised publicly. Every buyer’s accredited status must be verified.
- Source filing
- Read the filings on SEC EDGAR
A Form D is the notice a sponsor files when it starts raising money. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
DST interests are illiquid private securities. You may lose some or all of your investment. Distributions, tax treatment, and exit timing are not guaranteed. Review the current Private Placement Memorandum before investing.
Common questions
What happened to GoldCoast Logistics Headquarters?
Top1031 lists GoldCoast Logistics Headquarters as historical. It is no longer raising money.
Where does Top1031 get the data for GoldCoast Logistics Headquarters?
Top1031 builds this record from the sponsor’s own SEC filings and cited sponsor disclosures. Filings can lag what is happening now. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
Chapter 7Kingsbarn Realty Capital Purchases Logistics Company Headquarters in IllinoisPress release announcing the purchase of the GoldCoast Logistics HQ at 1425 Madeline Lane, Elgin, IL. Kingsbarn Realty Capital Acquires 61,888 SF Industrial Facility in Elgin, IllinoisKingsbarn acquired the GoldCoast Logistics headquarters at 1425 Madeline Lane, Elgin, IL for the KB Chicago Logistics DST on a 20-year triple-net lease.