Essential Birmingham Industrial 129 DST is offering up to $11.33 million of trust interests, with a minimum investment of $1,000. The Trust, sponsored by Cove Capital Investments, filed its Form D on October 22, 2026, reporting sales to 9 investors.
Field | Detail |
|---|---|
Trust | Essential Birmingham Industrial 129 DST |
Sponsor | Cove Capital Investments |
Property | Distribution center at 4300 Coalburg Road, leased to FedEx, per the Birmingham Business Journal |
Asset type | Commercial, per the filing |
Location | Birmingham, Alabama, per the Birmingham Business Journal |
Offering amount (maximum) | $11,333,949 |
Minimum investment | $1,000 |
Amount sold (as of October 22, 2026) | $2,095,560 |
Investors | 9 |
Exemption | Rule 506(c) |
Sales commissions | $680,037, estimated |
Recipient of sales compensation | FNEX Capital, LLC |
Date of first sale | September 30, 2026 |
Form D filed | October 22, 2026 |
That minimum sits below the median minimum of $100,000 across DST Form D filings in the past year.
Cove Capital Investments has 101 programs on record. Its other active offerings include Waynesboro VA Ecommerce 126 DST, Virginia Small Bay 121 DST and Essential Gurnee Industrial 123 DST.
The Birmingham Business Journal reported the sale of the facility to the Trust on September 24, 2026, giving the price as $9.47 million. Its public-records listing, displayed under September 22, 2026, names the Trust as buyer at $9,469,000. The two renderings come from the same publication, and this article relies on the listing, which states the price to the dollar.
The offering claims Rule 506(c), under which general solicitation is permitted and every purchaser must be a verified accredited investor. A Form D is a notice of an exempt offering, not SEC approval and not a review of the offering's merits.
Sources: Form D, filed October 22, 2026; Birmingham Business Journal, September 24, 2026; Birmingham Business Journal public-records listing, displayed under September 22, 2026.
Offering amounts are maximums from the Form D, not capital raised; amounts sold are as of the filing date, and medians are per filing over the trailing twelve months, including amendments. How we report filings.