Inland Private Capital sold the FedEx Ground facility at 10301 Bennett Parkway in Zionsville, Indiana, on September 15, 2016, bringing the Zionsville Ground Express DST to Full Cycle.
The offering as originally filed, with the span from first Form D to sale:
Detail | Value |
|---|---|
Maximum offering amount | $12,089,583 |
Minimum investment | $25,000 |
First Form D filed | |
Filing-to-sale span | 1.9 years |
Inland reported a gross sale price of $37.1 million as reported by the sponsor (Blue Vault Partners, which carried Inland's disposition announcement). That figure is a gross property price, not an equity figure, and does not map to the offering's maximum offering amount. Inland reported a total return of 123% as reported by the sponsor (Blue Vault Partners) and an annualized return of 11.95% as reported by the sponsor (Blue Vault Partners). The two figures are the sponsor's, stated as given; no equity multiple was reported.
The sale adds to Inland's Full Cycle record, which counted 46 completed offerings before this one.