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Bricklayer, a decentralized real‑estate start‑up, today reported Cointelegraph that it will offer blockchain tokens representing equity in a $44 million warehouse in Florence, Kentucky, fully leased to Amazon. The inaugural Tokenized Equity Stake opens to community participants under a SAFT and will be minted on the XRP Ledger.
Marketing material for the 123,769‑square‑foot facility shows lease running until November 2034 under an absolute triple‑net structure. Built in 2022 and equipped with 185 electric‑van bays, the distribution hub sits ten miles from the Cincinnati/Northern Kentucky airport, serving as a core last‑mile node for Amazon’s Midwest deliveries.
Amazon’s presence in Boone County has grown steadily: the company opened station at the same Industrial Road address last August, highlighting the site’s strategic importance. Bricklayer says the credit‑rated tenant and long lease help create predictable cash flow that can be streamed to token holders as quarterly dividends.
Tokenizing property breaks ownership into small digital tokens that trade like shares, letting retail investors enter deals once reserved for private funds. Bricklayer issues tokens through a Cayman‑regulated segregated portfolio and uses smart contracts to automate rent collection and distribution. Legal safeguards require know‑your‑customer checks and restrict resale until full Securities Act compliance is achieved.
With industrial rents rising around major e‑commerce corridors, analysts expect blockchain‑based fractional stakes to draw yield‑hungry investors even in a high‑rate environment. Kentucky’s logistics corridor, served by Amazon Air and two interstate highways, already hosts multiple tokenization pilots; Bricklayer’s move signals that real‑world‑asset platforms are shifting from small vacation rentals to billion‑dollar warehouse portfolios.
