Company News
Kingsbarn Announces DST Offering of Trophy Office Property on Hollywood’s Walk of Fame
Ownership Interests Now Available in 1601 Vine Street, Leased to SKIMS Body, Inc.
Los Angeles, California (August 21, 2025) — Kingsbarn Realty Capital (“Company” or “Kingsbarn”) announced today that its highly anticipated Delaware Statutory Trust (DST) investment offering of 1601 Vine Street in Los Angeles, California (the “Property”) is now available for investment to accredited investors. This eight-story trophy office building, prominently located along the iconic Hollywood Walk of Fame, is leased to SKIMS Body, Inc. (“SKIMS”), the innovative shapewear and apparel company co-founded by Kim Kardashian and Jens Grede.
Following Kingsbarn’s successful acquisition of the Property earlier this year, the Company has structured the asset into a DST, allowing accredited investors to participate in the ownership of the Property through a 1031 Exchange. The DST structure offers investors the opportunity to own an interest in a high-quality commercial real estate asset with passive management and a long-term lease in place.
“This is the kind of trophy property that rarely becomes available to individual investors,” said Jeff Pori, CEO of Kingsbarn. “We’re pleased to now offer fractional ownership interests in KB Hollywood DST through our DST platform.”
The 115,000+ square foot building was developed by J.H. Synder Company and designed by Ware Malcomb. In addition to its striking steel-and-glass architecture, the property features five levels of subterranean parking and sits at the epicenter of the Hollywood entertainment district.
SKIMS began occupancy in mid-2023 and leases the building through mid-2038. Recently valued at $4 billion and named one of Time Magazine’s Most Influential Companies of 2022 and 2023, SKIMS has continued to dominate headlines with the launch of NikeSKIMS, a long-term partnership with Nike announced earlier this year. According to Nike in their February news release, the partnership is committed to setting a new standard in the global fitness and activewear industry with extensive new lines of products.
“With employees’ return to the office underway and limited new construction activity in the region, we believe this offering is well-positioned for long-term success,” said Pori. “It represents a rare convergence of location, design, and tenant quality that investors look for in a 1031 exchange.”
Interested investors should contact Kingsbarn directly for details and offering materials. Availability is limited.
ABOUT KINGSBARN REALTY CAPITAL
Kingsbarn Realty Capital is a real estate-centric investment house that provides institutional and accredited private investors access to an array of alternative investments. Kingsbarn offers investments in private equity, exchange-traded funds, traditional investment funds, private capital, managed accounts, and Delaware Statutory Trusts (DSTs). Additionally, Kingsbarn’s management team has wide-ranging experience developing, managing, operating, and sponsoring a diversified portfolio of stabilized, income-driven properties as well as ground-up construction, value-added offerings, opportunity zone investments, and entitlement projects. Kingsbarn has over $2.4 billion of assets under management and has acquired over 315 properties throughout the United States. The company currently has a development pipeline of over $2 billion consisting of multifamily, student housing, medical, industrial, retail, and hospitality. For further information, visit www.kingsbarn.com.
Kingsbarn Media Contacts:
Emma Williams & Holly Silvestri
The Ferraro Group
(702) 367-7771
emma@theferrarogroup.com
holly@theferrarogroup.com
No Offer
This is not an offer. An offer will only be made pursuant to the delivery of the required offering documents, including the private placement memorandum, as supplemented or amended (the “Memorandum”) and only in states in which the securities offered pursuant to the Memorandum are registered or exempt from registration requirements, and only by broker-dealers authorized to do so. This information discusses general information about the portfolio and is not a guarantee, prediction or projection of future performance. Diversification does not protect against loss or guarantee return. There are risks associated with investing in real estate assets, such as inflation, interest rates, real estate tax rates, changes in the general economic climate, local conditions such as population trends and neighborhood values, and supply and demand for similar property types. Investing in DSTs and 1031 exchanges involves significant tax consequences. Please refer to the Memorandum for detailed information about the offering and its associated risks and implications.
Forward-Looking Statements
This press release may contain forward-looking statements identified by the use of words such as “outlook,” “indicator,” “believes,” “expects,” “potential,” “continues,” “may,” “will,” “should,” “seeks,” “approximately,” “predicts,” “intends,” “plans,” “estimates,” “anticipates” or the negative version of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this release. Kingsbarn assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events or circumstances.