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Enclave Acquires Alabama Industrial Facility for New DST Investment Offering

Business

Enclave Acquires Alabama Industrial Facility for New DST Investment Offering
Business

Business

Enclave Acquires Alabama Industrial Facility for New DST Investment Offering

2026-09-17 07:47 Last Updated At:08:00

CULLMAN, Ala.--(BUSINESS WIRE)--Sep 16, 2026--

Enclave has acquired Trade Distribution Center, a 235,000-square-foot industrial facility located at 2400 Trade Drive in Cullman, Alabama. The acquisition expands Enclave’s investment platform and introduces a new Delaware Statutory Trust (DST) opportunity, with capacity to accept up to $9.3 million in equity from accredited investors, including those pursuing tax-deferred 1031 exchange strategies.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260916812170/en/

The property is strategically located along Interstate 65 in North Alabama’s manufacturing corridor, providing direct access to major automotive, aerospace, and industrial employers throughout the region. Situated on 11.88 acres, the facility features 36-foot clear heights and 31 overhead doors, providing the infrastructure needed for large-scale distribution operations.

Trade Distribution Center is fully occupied by RESRG Automotive, a Tier-1 automotive supplier that supports production operations for Mercedes-Benz, Toyota, Mazda, Honda, Hyundai, and Kia.

The facility serves as a critical component of the tenant’s supply chain network and is backed by a long-term lease structure. It is also adjacent to the main RESRG manufacturing plan, which is a mission-critical part of the RESRG operating platform around the southeastern United States.

The acquisition expands Enclave’s national footprint into a high-growth industrial market anchored by major automotive employers and a strong manufacturing presence. As one of the Southeast’s premier auto-producing hubs, North Alabama maintains an industrial vacancy rate near 3%, driving sustained demand for well-located distribution spaces.

“This acquisition represents an important milestone for Enclave as we continue expanding our investment platform,” said Josh Wilcox, Chief Investment Officer. “Trade Distribution Center is a high-quality industrial asset in one of the country's most active manufacturing corridors, with strong fundamentals, a long-term tenant, and strategic access to regional transportation infrastructure. While we remain highly focused on the Midwest and Mountain West, we do see opportunities at compelling yields for select industrial assets in other parts of the country. Our focus remains on disciplined investments that create long-term value for our investors and partners.”

The addition of Trade Distribution Center serves Enclave's broader investment strategy in stabilized industrial and multifamily assets in markets with strong long-term fundamentals. The transaction reflects Enclave’s ongoing pursuit of strategic growth while expanding its presence in high-performing markets.

For questions or media inquiries, please contact chelsea.diederich@enclavecompanies.com

About Enclave

As a Fargo-based unified real estate firm, Enclave’s investment, development, construction and management teams create distinct spaces where our partners, team members and communities thrive. Specializing in multifamily and build-to-suit industrial developments across the Midwest and Mountain West, Enclave has grown to 275+ team members, completing over 185 projects representing more than $2.3 billion in assets under management since its founding in 2011. A 50 Best Place to Work for eight years in a row and counting, Enclave is an award-winning workplace comprised of empowered team members who share in Enclave's vision and support one another to do their best work. Additional information is available at enclavecompanies.com.

Enclave Acquires Alabama Industrial Facility for New DST Investment Offering

Enclave Acquires Alabama Industrial Facility for New DST Investment Offering

PITTSBURGH (AP) — Christian Yelich’s two-run double in the seventh inning sent the NL Central champion Milwaukee Brewers to a 5-4 victory over the Pittsburgh Pirates on Wednesday night.

Yelich grounded his double down the left-field line off Carmen Mlodzinski (7-7) to erase a 4-3 deficit. His big hit came one night after the Brewers became the first team in the major leagues to clinch a division title this season, winning their fourth consecutive NL Central crown.

Milwaukee manager Pat Murphy played all his regulars. The Brewers have the best record in the majors at 95-57 and hope to finish atop the overall standings to earn home-field advantage throughout the postseason. Milwaukee has won seven of its past eight games.

Oneil Cruz, Brandon Lowe and Rafael Flores Jr. homered in consecutive innings to put the Pirates ahead 4-3 in the sixth. The Pirates, who have lost four of five, have hit a franchise-record 174 home runs this season, breaking the previous mark of 171 in 1998.

Antonio Senzatela (11-5) retired two batters and Trevor Megill pitched a perfect ninth for his 28th save.

Both starting pitchers, Milwaukee’s Logan Henderson and Pittsburgh’s Jared Jones, allowed three runs in five innings. Jones struck out nine and Henderson fanned eight.

Henderson has given up three runs or fewer in each of his first 22 career starts, one shy of the major league record set by Zac Gallen from 2019-20 with Miami and Arizona.

Consecutive RBI singles by the Brewers’ Andrew Vaughn and Cooper Pratt in the second inning opened the scoring. Brice Turang doubled home a run in the fifth.

The series concludes Thursday afternoon with Brewers LHP Kyle Harrison (10-4, 3.98 ERA) starting against RHP Wilber Dotel (1-5, 4.84).

See AP’s full MLB coverage here

Pittsburgh Pirates' Rafael Flores Jr. celebrates as he rounds second base after hitting a solo home run off Milwaukee Brewers' Logan Henderson during the sixth inning of a baseball game in Pittsburgh, Wednesday, Sept. 16, 2026. (AP Photo/Gene J. Puskar)

Pittsburgh Pirates' Rafael Flores Jr. celebrates as he rounds second base after hitting a solo home run off Milwaukee Brewers' Logan Henderson during the sixth inning of a baseball game in Pittsburgh, Wednesday, Sept. 16, 2026. (AP Photo/Gene J. Puskar)

Milwaukee Brewers' Andrew Vaughn (28) follows through on a single off Pittsburgh Pirates pitcher Jared Jones, driving in a run, during the second inning of a baseball game in Pittsburgh, Wednesday, Sept. 16, 2026. (AP Photo/Gene J. Puskar)

Milwaukee Brewers' Andrew Vaughn (28) follows through on a single off Pittsburgh Pirates pitcher Jared Jones, driving in a run, during the second inning of a baseball game in Pittsburgh, Wednesday, Sept. 16, 2026. (AP Photo/Gene J. Puskar)

Milwaukee Brewers pitcher Trevor Megill, right, celebrates with catcher William Contreras after getting the final out of a baseball game against the Pittsburgh Pirates in Pittsburgh, Wednesday, Sept. 16, 2026. (AP Photo/Gene J. Puskar)

Milwaukee Brewers pitcher Trevor Megill, right, celebrates with catcher William Contreras after getting the final out of a baseball game against the Pittsburgh Pirates in Pittsburgh, Wednesday, Sept. 16, 2026. (AP Photo/Gene J. Puskar)

Milwaukee Brewers' Christian Yelich (22) celebrates with first base coach Spencer Allen after driving in two runs with a single off Pittsburgh Pirates pitcher Carmen Mlodzinski during the seventh inning of a baseball game in Pittsburgh, Wednesday, Sept. 16, 2026. (AP Photo/Gene J. Puskar)

Milwaukee Brewers' Christian Yelich (22) celebrates with first base coach Spencer Allen after driving in two runs with a single off Pittsburgh Pirates pitcher Carmen Mlodzinski during the seventh inning of a baseball game in Pittsburgh, Wednesday, Sept. 16, 2026. (AP Photo/Gene J. Puskar)

Milwaukee Brewers' Christian Yelich hits a single off Pittsburgh Pirates pitcher Carmen Mlodzinski, driving in two runs, during the seventh inning of a baseball game in Pittsburgh, Wednesday, Sept. 16, 2026. (AP Photo/Gene J. Puskar)

Milwaukee Brewers' Christian Yelich hits a single off Pittsburgh Pirates pitcher Carmen Mlodzinski, driving in two runs, during the seventh inning of a baseball game in Pittsburgh, Wednesday, Sept. 16, 2026. (AP Photo/Gene J. Puskar)

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