Peachtree Group Launches $91.5M Industrial DST Backed by Hasbro Lease
Peachtree Group has launched a Delaware statutory trust offering backed by a 10-year lease with Hasbro, acquiring a roughly 600,000-square-foot distribution center in Midway, Ga., through a debt-free transaction. The offering, PG Savannah Industrial DST, seeks to raise approximately $91.5 million from accredited investors.
Located in Liberty County, approximately 30 miles from Savannah, the facility will serve as a distribution hub within Hasbro’s U.S. logistics network, supporting brick-and-mortar retail partners and direct-to-consumer operations. According to Peachtree, the facility will account for approximately 25% of Hasbro’s U.S. distribution footprint.
“This transaction reflects how we are approaching the market today, prioritizing assets with strong location fundamentals, predictable cash flow, and conservative capital structures,” said Greg Friedman, managing principal and chief executive officer of Peachtree. “In an environment where financing conditions remain tight, a debt-free DST backed by long-term income and embedded rent growth offers a compelling solution for investors seeking stability and tax efficiency.”
The property is secured by a 10-year initial lease term through May 30, 2036, with two five-year extension options at fair market value. The lease includes 3.25% annual rent escalations and is structured as a net lease, with the tenant responsible for operating expenses. Hasbro carries an investment-grade credit rating. Peachtree said the asset was acquired through an off-market transaction.
“This offering reflects how we are intentionally building our DST platform around what matters most to investors today – consistent income and confidence in the underlying real estate,” said Tim Witt, president of 1031 exchange and DST products at Peachtree. “When you combine strong fundamentals with tax-efficient access, it creates a powerful long-term investment solution.”
Since launching its DST program in 2022, Peachtree said it has completed approximately $375 million in debt-free DST transactions. Last fall, the firm launched PG Dallas Industrial DST, a $27.85 million offering backed by an industrial facility in the Dallas suburb of Mansfield, Texas.
Peachtree Group is a commercial real estate investment firm focused on acquisition, development and lending. The company has executed more than $9.7 billion in total transactions since its inception.
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