Top1031
Essential Birmingham Industrial 129 DST
in Birmingham, AL · sponsored by Cove Capital Investments
Active offeringLatest Form D filed Oct 22, 2026 (opens in a new tab)
Essential Birmingham Industrial 129 DST, sponsored by Cove Capital Investments, filed its first Form D with the SEC on Oct 22, 2026 for a $11.3 million offering. Its latest Form D, filed Oct 22, 2026, lists a $11.3 million offering with a $1,000 minimum.
Key facts
- Minimum investment
- $1,000From the Form D
- Offering size
- $11,333,949Equity offered, per the Form D
- Sold so far
- Form D, Oct 22, 2026; the % is our arithmetic18.4%
- Investors reported
- Form D, Oct 22, 20269
- Selling commissions
- Form D Item 15; the % is our arithmetic$680,037 · 6.0% of offering
- Offered under
- Rule 506(c)May be advertised publicly. Every buyer’s accredited status must be verified.
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
- Latest Form D
- Oct 22, 2026 · 1 filing
- First sale
- Sep 30, 2026
These are the sponsor’s own numbers. They can lag what has actually sold, and they do not confirm that interests are still available.
- Amount sold
- $2,095,560
- Not yet sold
- $9,238,389
- Investors
- 9
Calculated by Top1031 from the Form D filings, not stated by the sponsor:
18.4% of $11,333,949 sold, calculated by Top1031 from the Form D
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Ask a 1031 specialist about this recordFree. About: Essential Birmingham Industrial 129 DST. Top1031 is not a broker-dealer.No photo on record. Birmingham, AL · no mappable address in the filings.
What does the Trust own?
The property is 4300 Coalburg Road in Birmingham, Alabama, parcel 22 00 15 2 001 002.004. A Birmingham Business Journal public-records compilation dated September 23, 2026 names the Trust as grantee from NLF FE Birmingham LLC and Delaware 2015 Associates LLC for $9,469,000. 1 Marketing for the building describes about 90,465 square feet of industrial distribution space. 2
- Reported location
- Birmingham, AL
How have sales gone?
The Form D record has one sales figure so far, so there is no trend to chart. The figure is in Sales so far ↑.
How is it financed, and what did it cost to sell?
Costs and terms from the Form D
- Selling commissions
- $680,037 · 6.0% of offering
- Finders’ fees
- $0
- Paid to officers, directors and promoters
- $1,106,715 · 9.7% of offeringForm D Item 16· The filing’s note: “Messrs. Kay & Lapin will receive a portion of this amount (in)directly for various fees & selling commissions paid by their broker-dealer of record in states whereby they hold appropriate securities licenses.”
- Broker-dealers named in the Form D
- 1 named in the Form D
Show the firms
- FNEX Capital, LLC · CRD 166316
Individual representatives named in Item 12 are not listed.
- Date of first sale
- Sep 30, 2026
- Minimum investment
- $1,000
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.
Who's behind the Trust?
Cove Capital Investments sponsors Delaware Statutory Trusts, which hold real estate that 1031 exchange investors can buy fractional interests in. The Form D for this Trust names Cove Capital Investments, LLC as the offering's promoter. 4
- Sponsor
- Sponsor entity in the Form D
- Cove Capital Investments, LLC
- Offerings on record
What does the SEC record show?
Sales began on September 30, 2026, per the Trust's Form D, the brief notice an issuer files with the SEC after a first sale of unregistered securities. 4 The offering may be advertised publicly and sold only to accredited investors whose status is verified.
- Legal Trust name
- ESSENTIAL BIRMINGHAM INDUSTRIAL 129 DST
- SEC CIK
- 2161661
- First Form D
- Oct 22, 2026
- Latest Form D
- Oct 22, 2026
- Filings on record
- 1
- Offered under
- Rule 506(c)May be advertised publicly. Every buyer’s accredited status must be verified.
- Source filing
SEC Form D filings, newest first
| Filed | Form | Offering amount | Amount sold | Investors | Filing on SEC EDGAR |
|---|---|---|---|---|---|
| Form D | $11,333,949 | $2,095,560 | 9 | 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 Essential Birmingham Industrial 129 DST an active offering?
- Essential Birmingham Industrial 129 DST is an Active offering: its latest Form D was filed Oct 22, 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 Essential Birmingham Industrial 129 DST own?
- It owns an industrial distribution building at 4300 Coalburg Road in Birmingham, Alabama. A Birmingham Business Journal public-records compilation dated September 23, 2026 names the Trust as the grantee, with a stated price of $9,469,000, from NLF FE Birmingham LLC and Delaware 2015 Associates LLC. Marketing for the property on Crexi describes roughly 90,465 square feet.
- Who is the tenant at 4300 Coalburg Road?
- Marketing for the property, listed on Crexi by Colliers, describes Federal Express Corporation as the occupant of the entire building and calls it a FedEx Express distribution facility. That description comes from listing material rather than a lease document.
- How long does the FedEx lease run?
- The Crexi listing marketing states that Federal Express Corporation signed a fourth lease amendment in March 2026 extending the term through April 30, 2037, with the new ten-year term starting May 1, 2027. Those dates come from marketing material, not from a copy of the amendment.
- Who sponsors this Trust?
- Cove Capital Investments sponsors it. The Form D filed with the SEC on October 22, 2026 names Cove Capital Investments, LLC as the promoter of the offering, and the legal entity is ESSENTIAL BIRMINGHAM INDUSTRIAL 129 DST.
- How large is the offering?
- The Form D filed October 22, 2026 reports a total offering amount of $11,333,949 and a minimum investment of $1,000. The same filing reports the first sale of interests on September 30, 2026.
In the news
Sources
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These links support the record as a whole; individual details may come from different sources.
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.