Full cycle

Griffin Capital's Highway 94 DST Reached Full Cycle in Late 2015 After a Hold Under Three Years

The Delaware Statutory Trust (DST) exited through a property sale, closing a 506(b) offering that had first filed with the SEC in December 2012.

Published Updated

Griffin Capital (Highway 94) Investors, DST reached full cycle by property sale, a disposition Top1031's record dates to November 6, 2015.

The Trust filed a Form D on December 6, 2012, disclosing a $10.5 million offering ceiling under a 506(b) exemption and a $100,000 minimum investment, and classifying itself under other real estate. The public record does not disclose the property's location or address.

From that first filing to the recorded November 2015 disposition, the hold ran just under three years. It is the first full cycle Top1031 records for Griffin Capital.

That November date is the one Top1031's tracking carries. No sponsor announcement, news report, or investor update corroborating the sale or its date has surfaced, and beyond the 2012 and 2013 Form D filings the public record carries no sale price, no total return, and no equity multiple. What the sale returned to investors is not on the record.