In September 2024, 2710 Springdale, DST sold the BNSF Logistics office building at 2710 S. 48th Street in Springdale, Arkansas, the single property it held. The building passed to Two Rivers South LLC, led by Joel Whicker Jr., for $9 million, Arkansas Business reported.
NAS Investment Solutions, the sponsor, had acquired the property for $8.17 million in 2019 through the Trust, per the same report. The building sold above that acquisition cost.
The record | |
|---|---|
Trust | 2710 Springdale, DST |
Sponsor | NAS Investment Solutions |
Asset class | Commercial (single-tenant office) |
Exemption | 506(c) |
First Form D | January 18, 2019 (filing) |
Offering ceiling | $4,600,000 |
Minimum investment | $25,000 |
Disposition | Property sold |
Disposition date | September 2024 |
Hold period | 5.6 years |
Neither NAS Investment Solutions nor the coverage of the sale states a total return, annualized return, or equity multiple for investors in the Trust. The public record shows the two transaction prices, the dates, and the hold they establish, and no more.
This is the first full cycle Top1031 records for NAS Investment Solutions.