CX Texas Industrial II
Industrial in Forney, TX — sponsored by Carter Exchange
Files with the SEC as CX Texas Industrial II, DST
Minimum investment
$25k
Offering size
$3.5M
How much has sold
84.0%
Asset type
Industrial
Location
Forney, TX
Financing
Zero coupon. Cash flow from the property goes to servicing the debt.
Sponsor-reported, from SEC filings and cited sources.
What is this, in one paragraph?
CX Texas Industrial II combines the historical SEC filing record with the cited public sources we found for the property and its outcome. Use the chapters below to see what those sources establish, then use the source list to check the underlying materials.
Show sources (2)Hide sources (2)
These links support the historical public record; individual details may come from different sources.
On a 45-day clock? Find day 45 and day 180 from the sale date, then come back to this record.
What exactly is the property?
- Reported location
- Forney, TX
- Property size
- 17,564 SF (8,948 SF office + 7,512 SF industrial logistics + 1,104 SF mezzanine) on a 9.73-acre site; built 2023
How did it end?
No sale or other ending on record
No full-cycle or disposition found; Carter Exchange continues to list the Atmos Energy regional service-center facility at 11655 County Road 212, Forney, TX (acquired Jan 2024 for $12.6M on behalf of CX Texas Industrial II, DST) in its current portfolio, and no 2025-2026 sale or disposition coverage was identified.
Mission-critical Atmos Energy regional service center in Forney, TX (Dallas MSA), net-leased triple-net industrial. Acquired Jan 23, 2024 by Carter Funds for $12.6M. SEC Form D filing window Jan 16 – Sep 24, 2024.
17,564 SF (8,948 SF office + 7,512 SF industrial logistics + 1,104 SF mezzanine) on a 9.73-acre site; built 2023Supporting evidence
How is it financed, and what does it pay?
- Financing
- Zero coupon. Cash flow from the property goes to servicing the debt.
Who's behind it?
- Sponsor
- Carter Exchange
- Legal Trust name
- CX Texas Industrial II, DST
- May convert to a REIT
- No
- Offerings from this sponsor
- 0 active / 10 total offerings from Carter Exchange
Reported by the sponsor. Top1031 does not independently audit sponsor-reported figures.
What does the paperwork say?
- First Form D filedThe public offering record begins.
- Latest Form D filedThe most recent sponsor-filed checkpoint in this record.
- Filings on record
- 2
- How it may be offered
- Rule 506(c)May be advertised publicly. Every buyer’s accredited status must be verified.
- Source filing
- Read the filings on SEC EDGAR
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.
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.
Common questions
What happened to CX Texas Industrial II?
Top1031 lists CX Texas Industrial II as historical. It is no longer raising money.
Where does Top1031 get the data for CX Texas Industrial II?
Top1031 builds this record from the sponsor’s own SEC filings and cited sponsor disclosures. Filings can lag what is happening now. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
Chapter 8Carter Exchange Acquires Absolute Net-Leased Industrial Property in Texas for DST OfferingPress release announcing Carter Exchange's $12.6 million acquisition on behalf of CX Texas Industrial II, DST of a 9.73-acre Atmos Energy Corporation regional service center in Forney, Texas, leased under a 20-year absolute net lease, with the DST launching as a 506(c) zero-coupon private placement on January 9, 2024 seeking to raise $3.4 million.