DTW Romulus Cold Storage
Industrial (cold storage / logistics) property in Romulus, MI — sponsored by Net Lease Capital Advisors
Files with the SEC as DTW Air Cargo Logistics DST
Minimum investment
$150k
Offering size
$480.2M
How much has sold
100.0%
Asset type
Industrial (cold storage / logistics) property
Location
Romulus, MI
Financing
Not stated. The filings for this offering do not say whether it carries mortgage debt.
Sponsor-reported, from SEC filings and cited sources.
What is this, in one paragraph?
DTW Romulus Cold Storage 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 (5)Hide sources (5)
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
- Romulus, MI
- Property size
- 257,950 sq ft; ±21 acres; 38 dock doors; 204,580 SF freezer capacity (convertible to -10°F)
How did it end?
No sale or other ending on record
No full-cycle, sale, 721/UPREIT, or foreclosure announcement found; the DTW Romulus Cold Storage property remains owned by the trust and is actively marketed for lease (LoopNet, PropertyShark listings updated May 2026) and JRW Investments' tracking of all 11 Net Lease Capital Advisors DSTs shows none have gone full cycle.
Cold-storage/logistics facility on a ±21-acre site in Wayne County, approximately 1.8 miles from Detroit Metropolitan Airport (DTW), positioned for air cargo, perishables, and time-sensitive supply chains. Sponsor: Net Lease Capital Advisors, LLC. Closed offering per re-transition sponsor directory; AltsWire June 2025 fundraising article noted it was actively seeking ~$73M at that time.
257,950 sq ft; ±21 acres; 38 dock doors; 204,580 SF freezer capacity (convertible to -10°F)Supporting evidence
Who's behind it?
- Sponsor
- Net Lease Capital Advisors
- Legal Trust name
- DTW Air Cargo Logistics DST
- May convert to a REIT
- No
- Offerings from this sponsor
- 8 active / 22 total offerings from Net Lease Capital Advisors
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.
- Latest Form D filedThe most recent sponsor-filed checkpoint in this record.
- Filings on record
- 3
- How it may be offered
- Rule 506(b)Not advertised publicly. Offered through existing relationships.
- 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 DTW Romulus Cold Storage?
Top1031 lists DTW Romulus Cold Storage as historical. It is no longer raising money.
Where does Top1031 get the data for DTW Romulus Cold Storage?
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 7DTW Romulus Cold StorageProperty listing confirming DTW Romulus Cold Storage as a ±21-acre industrial/cold-storage site at 15670 Wahrman Rd, Romulus, MI positioned for high-performance logistics near Detroit Metro Airport. DTW Romulus Cold Storage — Net Lease Capital Advisors 1031 DSTTop1031 DST directory profile lists the trust and identifies it as an industrial cold-storage offering in Romulus, MI, seeking nearly $73M. June 2025 DST Fundraising Soars to Year-HighAltsWire's monthly fundraising roundup names DTW Air Cargo Logistics DST as a notable industrial offering seeking to raise nearly $73M in Romulus, MI.