Wall Township, NJ – July 30, 2026 — Four Springs TEN31 Xchange, LLC (“FSXchange”), a sponsor of Delaware Statutory Trust (DST) programs for 1031 exchange investors, announced the successful completion of the syndication of FSX Industrial 34, DST. The $98 million offering comprised a two-property portfolio of mission-critical industrial assets in Duncan, South Carolina, and Hanson, Kentucky, net leased under absolute NNN agreements with contractual rent growth to Eaton Corporation (NYSE: ETN) and Carhartt, Inc., respectively. 

“The full subscription of FSX Industrial 34 reflects the strength of relationships we’ve built across the broker-dealer and RIA channel over 12 years, as well as the confidence of new distribution partners who participated in an FSXchange program for the first time through this offering,” said Matt Woehnker, President of Four Springs Capital Markets. “We are grateful to every firm and advisor who placed client capital here, and we look forward to continuing those partnerships.” 

With FSX Industrial 34 now fully subscribed, FSXchange has launched FSX Industrial 35, DST, a net lease industrial offering leased to Orgill, Inc., a leading wholesale distributor of hardware and home improvement products. The firm plans to bring additional institutional-quality DST offerings to market this summer, continuing its active pace of program development for 1031 exchange investors seeking net lease replacement property. 

“Our pipeline reflects the same basis-driven underwriting philosophy that has guided every FSXchange program since 2014,” said Jared Morgan, SVP, Head of Acquisitions. “FSX Industrial 35 continues our focus on single-tenant industrial assets leased long-term to creditworthy operators, and we look forward to introducing additional offerings to the market in the months ahead.” 

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 and retail sectors. The firm’s disciplined acquisition and due diligence process is designed to mitigate risk and support long-term income for 1031 exchange investors. Offerings are distributed through Four Springs Capital Markets, LLC, providing access to a nationwide network of financial professionals. 

Visit www.fourspringscapital.com for more information. 

Media Contact:
Four Springs Capital Markets
Charles Shaw, Vice President
cshaw@fscap.net
732-749-7344