Purpose-Built, Mission-Critical Facility in Tifton, Georgia Anchored by Long-Term Absolute NNN Lease 

WALL TOWNSHIP, N.J., July 7, 2026 — Four Springs TEN31 Xchange, LLC (FSXchange), a sponsor of Delaware Statutory Trusts focused on industrial, retail, and medical real estate for 1031 exchange replacement properties, today announced the acquisition of a 798,000-square-foot cross-dock distribution center in Tifton, Georgia, fully leased to Orgill, Inc., the world’s largest independently owned hardlines distributor. 

The Tifton facility is a purpose-built distribution center completed in 2024, located on an 87-acre site at 10 Orgill Way. The property replaces Orgill’s legacy facility that had operated in the Tifton market since 1995. The asset serves as the newest of eight Orgill distribution centers across North America — collectively encompassing approximately 6.7 million square feet of distribution capacity — and functions as a strategic hub within Orgill’s eastern U.S. retail network. Its cross-dock design is purpose-built for Orgill’s high-velocity hardlines distribution model, enabling rapid throughput to retailers.  

“The Orgill distribution center represents exactly the type of mission-critical, long-duration industrial asset that we seek,” said Jared Morgan, Head of Acquisitions at Wheelhouse Capital Group, parent company of Four Springs TEN31 Xchange. “Orgill has operated continuously for over 178 years and has invested more than $220 million in distribution infrastructure over a three-year period. This facility is purpose-built and irreplaceable within their network, and we are proud to add it to our portfolio of net-leased industrial properties.” 

“The hardlines distribution channel is more resilient than it often gets credit for, and Orgill’s competitive position within it has only strengthened,” said Bill Dioguardi, Executive Chairman at Wheelhouse Capital Group, parent company of Four Springs TEN31 Xchange. “At the center of that is an aging U.S. housing stock, with the median owner-occupied home now over 40 years old, and the demand picture for Orgill’s core business is structurally supported. A tenant with that profile is exactly what we underwrite.” 

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 

Four Springs TEN31 Xchange 

info@fscap.net 

732-749-7344 

ten31xchange.com