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 Private Placement Memorandum before investing.
Whirlpool Amana Manufacturing Facility is the real estate underlying Blue Owl Real Estate Exchange II DST, a Delaware statutory trust sponsored by Blue Owl. The offering centers on a roughly 1.56 million-square-foot net-lease industrial manufacturing plant at 2800 220th Trail in Amana, Iowa, acquired through a sale-leaseback structure. The trust holds the asset with leverage and includes a Section 721 exit feature. An issuer notice reports a total offering of about $66.1 million, with roughly $62.5 million reported sold as of the amended notice dated September 11, 2025.
100% leased to Whirlpool Corp; ~$92.6M sale-leaseback Oct 2025; Blue Owl DSTs run 0% LTV, 721-exit to ORENT
1.56M SF
2800 220th Trail, Amana, IAAddress matched to a cited source
Form D raise progress Latest Form D filed Sep 11, 2025
Based on issuer-filed Form D notices through Sep 11, 2025. Amounts are self-reported, may lag current subscriptions, and do not confirm availability. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
Reported sold as a percentage of stated offering amount94.0%
Capital sold, per latest Form D$62,480,394
Remaining amount reported in latest Form D$3,643,385
Investor count reported in latest Form D62
Stated minimum investment$250,000
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Form D is an issuer notice filing. A filing does not mean the SEC approved, endorsed, or verified the offering.
Offering profile
SEC filings + cited sources
Property and structure
The Whirlpool Amana Manufacturing Facility is a net-lease industrial manufacturing asset located at 2800 220th Trail in Amana, Iowa, comprising approximately 1.56 million square feet 1. It was acquired through a sale-leaseback structure and is held in a leveraged Delaware statutory trust that includes a Section 721 exit feature 1.
Sponsor
The trust, Blue Owl Real Estate Exchange II DST, is sponsored and managed by Blue Owl Real Estate Exchange LLC (OREX), a subsidiary of Blue Owl Capital Inc. (NYSE: OWL) 34.
Offering
An issuer-filed Form D/A dated September 11, 2025 reports a total offering amount of $66,123,779 and total sold of $62,480,394 as of that filing date 2.
Whirlpool ending second-shift production in Amana, union respondsLocal KCRG news reports Whirlpool is ending second-shift production in Amana, Iowa, with the union detailing nearly 400 additional layoffs beyond the original 250 from July 2025; the Amana plant is the underlying asset of the OREX II DST.
Whirlpool layoffs hit Amana facility, cutting 288 jobsThe Des Moines Register reports Whirlpool's latest round of layoffs at its Amana, Iowa facility, cutting 288 jobs and ending second-shift production; the plant is the underlying asset for the Blue Owl OREX II DST.
Is Whirlpool Amana Manufacturing Facility currently active?
Whirlpool Amana Manufacturing Facility is classified by Top1031 as active. “Active” reflects the latest public record and does not confirm that interests remain available.
Where does Top1031 get the data for Whirlpool Amana Manufacturing Facility?
Top1031 tracks this offering from SEC Form D filings and cited sponsor disclosures. Filing data may lag current subscriptions and does not mean the SEC approved or verified the offering.