FSC Industrial Portfolio 27
Industrial (master-leased NNN portfolio) property — sponsored by Four Springs (FSX)
Files with the SEC as FSC Industrial Portfolio 27, DST
Minimum investment
$25k
Offering size
$78.3M
How much has sold
100.0%
Asset type
Industrial (master-leased NNN portfolio) property
Location
Not stated
Financing
Leveraged. This offering reports mortgage debt on the property.
Sponsor-reported, from SEC filings and cited sources.
What is this, in one paragraph?
FSC Industrial Portfolio 27 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 (1)Hide sources (1)
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?
- Property size
- 22 properties; 1,300,000 SF
How did it end?
No sale or other ending on record
JRW Investments' Four Springs sponsor page lists FSC Industrial Portfolio 27, DST as 'Active' with an investment date of April 21, 2023, and no full-cycle press release naming this trust has been located (JRW; sponsor site).
22-property diversified industrial portfolio, 13 states · 22 industrial properties, 1.3M sq ft, 13 states, 14 investment-grade tenants; industry mix dominated by chemical distribution, logistics and food & beverage; anchored by Brenntag, Domino's, Columbia Gas, International Paper and NYSEG; $150.5M total raise; $72.2M Deutsche Bank loan.
22 properties; 1,300,000 SFSupporting evidence
How is it financed, and what does it pay?
- Financing
- Leveraged. This offering reports mortgage debt on the property.
Who's behind it?
- Sponsor
- Four Springs (FSX)
- Legal Trust name
- FSC Industrial Portfolio 27, DST
- May convert to a REIT
- No
- Offerings from this sponsor
- 2 active / 10 total offerings from Four Springs (FSX)
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.
- Offering amount recordedA Form D amendment recorded offering and sales totals.
- Filing record updatedA later amendment updated the sponsor’s filing record.
- Latest Form D filedThe most recent sponsor-filed checkpoint in this record.
- Filings on record
- 4
- 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 FSC Industrial Portfolio 27?
Top1031 lists FSC Industrial Portfolio 27 as historical. It is no longer raising money.
Where does Top1031 get the data for FSC Industrial Portfolio 27?
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 8Four Springs TEN31 Xchange Fully Subscribes $150.5 Million Industrial DST OfferingAnnounces FSC Industrial Portfolio 27, DST fully subscribed at $150.5M; offering had launched in April 2023 (per the article) and was leased to 14 tenants including Brenntag, Domino's, Columbia Gas, International Paper, and NYSEG. Four Springs TEN31 Xchange Successfully Completes $160 Million in DST Offerings, Announces Strategic Acquisitions and Partnership with Alts Fund LINKAnnounces the successful completion of $160M in subscriptions across FSC Industrial Portfolio 27, DST ($150M) and FSC Healthcare 28, DST ($10.5M); confirms FSC Industrial Portfolio 27's full subscription and notes subsequent strategic acquisitions. Four Springs Launches $150 Million Industrial DST OfferingTrade-press coverage of the launch of FSC Industrial Portfolio 27, DST, a 22-property, 1.3 MSF industrial portfolio 100% net leased to 14 tenants including Brenntag, Domino's, Columbia Gas, International Paper and NYSEG. Four Springs TEN31 Xchange Announces Loan Closing and Launch of $150MM Diversified Industrial Portfolio DSTAnnounces the closing of a $72.2M Deutsche Bank loan and launch of FSC Industrial Portfolio 27, DST — a $150.5M offering of 22 industrial properties totaling 1.3M sq ft in 13 states, leased to 14 investment-grade tenants in chemical distribution, logistics, F&B including Brenntag, Domino's, Columbia Gas, International Paper and NYSEG.