Four Springs TEN31 Xchange Launches $74.1M Industrial DST Offering Leased to Orgill, Inc.
Wall Township, NJ – July 9, 2026 Four Springs TEN31 Xchange, LLC (“FSXchange”), a leading sponsor of Delaware Statutory Trust (DST) investment programs and 1031 replacement properties, announced the launch of FSX Industrial 35, DST, a $74.1 million offering available exclusively to accredited investors. This new DST opportunity features a mission-critical industrial property located in Tifton, Georgia. The facility is leased long-term to Orgill, Inc. under an absolute NNN agreement with contractual rent growth.
“FSX Industrial 35 reflects the fundamentals-first approach we bring to every DST offering,” said Matt Woehnker, President of Four Springs Capital Markets. “For 1031 exchange investors seeking long-term, contractual income backed by an operationally embedded tenant, this is the type of mission-critical real estate that creates a compelling investment opportunity. The combination of purpose-built infrastructure, absolute NNN lease structure, and Orgill’s 30-year presence in this market makes Industrial 35 a natural fit for any exchange portfolio.”
The Tifton facility is a 798,000-square-foot, purpose-built cross-dock distribution center completed in 2024, serving as the newest and second-largest distribution hub within Orgill’s eight-center, 6.7-million-square-foot North American network.
“Orgill’s Tifton facility is a great representation of the assets we want to underwrite,” said Jared Morgan, Head of Acquisitions at Wheelhouse Capital Group, parent company of Four Springs TEN31 Xchange. “Purpose-built, strategically located, and operated by a tenant that has committed to this market for decades. Orgill’s decision to invest in a replacement facility rather than relocate tells you everything about how load-bearing this location is within their network.”
Four Springs TEN31 Xchange launched $98M industrial DST offering FSX Industrial 34 in late 2025, and plans to launch additional industrial DST offerings throughout 2026.
About Orgill, Inc.
Orgill, Inc. is the world’s largest independently owned hardlines distributor, headquartered in Collierville, Tennessee. Founded in 1847, the company has operated continuously for over 178 years, serving approximately 13,000 independent hardware, home center, and lumberyard retailers across the United States and in more than 60 countries worldwide.
About Four Springs TEN31 Xchange
Founded in 2014, Four Springs TEN31 Xchange, LLC is an active DST sponsor specializing in creditworthy, single-tenant commercial properties across the industrial, retail, and medical sectors. The firm implements a comprehensive property screening, due diligence, and underwriting process prior to each DST offering, with ongoing asset management, property reviews, and financial reporting throughout the investment period. Offerings are distributed through Four Springs Capital Markets, providing access to a nationwide network of financial professionals. For more information, visit ten31xchange.com.
MEDIA CONTACT
Charles Shaw
732-749-7344