Top1031

AX Big Industrial Portfolio I DST

Industrial property · sponsored by Apollo

Active offeringLatest Form D filed Nov 4, 2026 (opens in a new tab)

AX Big Industrial Portfolio I DST is a DST sponsored by Apollo that owns an industrial property. Its latest Form D was filed Nov 4, 2026.

Key facts

A free account shows how much of each active offering has sold and the Sponsor Grade letters.
Minimum investment
Not in the Form D
From the Form D
Offering size
Not in the Form D
Equity offered, per the Form D
Sold so far
Just launchedNot stated
Form D, Nov 4, 2026
Selling commissions
$0
Form D Item 15; the % is our arithmetic
Financing
Not in the Form D. The Form D for this offering does not say whether it carries mortgage debt.
Offered under
Rule 506(b)
General advertising and solicitation are not permitted under this exemption.

Figures come from SEC Form D filings unless a source is cited. Sponsor-stated figures are as reported by the sponsor; Top1031 does not independently audit them. On a 45-day clock? Find day 45 and day 180 →

Sales so far

A free account shows how much of each active offering has sold and the Sponsor Grade letters.

Just launched

Latest Form D
Nov 4, 2026 · 1 filing

No sales reported in a Form D amendment yet. Latest notice Nov 4, 2026.

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Ask a 1031 specialist about this recordFree. About: AX Big Industrial Portfolio I DST. Top1031 is not a broker-dealer.

No photo on record. Location not stated in the SEC filings.

What does the Trust own?

The Trust owns industrial real estate, the warehouse and distribution kind of space, in Kentucky and Ohio, according to AltsWire's November 4, 2026 report. 1

How is it financed, and what did it cost to sell?

Debt

Financing
Not in the Form D. The Form D for this offering does not say whether it carries mortgage debt.

Costs and terms from the Form D

Selling commissions
$0
Finders’ fees
$0
Paid to officers, directors and promoters
$0
Form D Item 16
Broker-dealers named in the Form D
7 named in the Form D
Show the firms

Individual representatives named in Item 12 are not listed.

Date of first sale
Not in the Form D
Minimum investment
Not in the Form D

Form D Item 15 and Item 16 amounts may be the issuer’s estimates; each percentage is Top1031’s arithmetic on two Form D figures. Item 16 can overlap Item 15, so Top1031 does not add them together. The issuer marked these amounts as an estimate.

What does the SEC record show?

Units are offered privately under a securities exemption that bars general advertising, so they reach accredited investors through existing relationships. A Delaware statutory trust reports that private sale to the SEC on a short notice filing called a Form D.

Legal Trust name
AX Big Industrial Portfolio I DST
SEC CIK
2161667
First Form D
Nov 4, 2026
Latest Form D
Nov 4, 2026
Filings on record
1
Offered under
Rule 506(b)
General advertising and solicitation are not permitted under this exemption.
Source filing
Read the filings on SEC EDGAR

SEC Form D filings, newest first

FiledFormOffering amountAmount sold
Form D
$0
EDGAR

Amounts, investor counts and minimums are as filed with the SEC on Form D. The change lines are Top1031’s arithmetic between consecutive filings; a new Form D notice starts a new count.

A Form D is the notice a sponsor files when it starts raising money. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.

Common questions

Is AX Big Industrial Portfolio I DST an active offering?
AX Big Industrial Portfolio I DST is an Active offering: its latest Form D was filed Nov 4, 2026. A Form D filing does not by itself confirm that interests are still available; the sponsor or a registered representative can confirm what is open.
What does AX Big Industrial Portfolio I DST own?
It owns an industrial portfolio, with properties in Kentucky and Ohio, according to AltsWire's November 4, 2026 report on third quarter DST sales. Industrial generally means warehouse and distribution space. The report describes the states rather than naming the individual buildings.
Who launched the Trust?
AltsWire reported that Apollo Real Estate Exchange launched AX BIG Industrial Portfolio I DST in September 2026. The Trust's own SEC filing does not name a sponsor, so the attribution rests on that independent reporting.
How much is the Trust seeking to raise?
AltsWire reported that the Trust seeks to raise nearly $102.2 million from accredited investors. That is a stated fundraising target, not proceeds collected and not the value of the real estate.
How may interests in the Trust be offered?
They are offered under Rule 506(b), a private placement exemption. Under that rule there is no general advertising or public solicitation, and interests are offered to accredited investors through existing relationships rather than marketed to the public.
What SEC paperwork exists for the Trust?
One Form D is on record, filed November 4, 2026 under CIK 2161667. A Form D is a short notice an issuer files after or around the start of a private offering; it names the issuer, the exemption used and basic offering details.

In the news

Sources

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DST interests are illiquid private securities. You may lose some or all of your investment. Distributions, tax treatment, and exit timing are not guaranteed. Review the current offering documents before investing.