Top1031

4210 West 67th Street

Industrial property in Indianapolis, IN · sponsored by Sealy & Company

HistoricalLast Form D, filed Oct 13, 2026, reports the offering fully sold (opens in a new tab)

4210 West 67th Street was a DST sponsored by Sealy & Company that owned an industrial property in Indianapolis, IN (303,456 SF). Its last Form D, filed Oct 13, 2026, reports the offering fully sold.

How it ended

No outcome recorded · under 7 years

The last Form D, filed Oct 13, 2026, reports the offering fully sold.

Key facts

Minimum investment
$100,000
From the Form D
Offering size
$40,167,382
Equity offered, per the Form D
Sold
100%
Form D, Oct 13, 2026; the % is our arithmetic
Investors reported
131
Form D, Oct 13, 2026
Selling commissions
$2,428,103 · 6.0% of offering
Form D Item 15; the % is our arithmetic
Financing
All cash. This offering reports no mortgage debt.
How it is financed ↓
Offered under
Rule 506(b)
General advertising and solicitation are not permitted under this exemption.

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 →

Using this record to judge the sponsor? A licensed 1031 specialist from our affiliated partner can talk it through with you.

Ask a 1031 specialist about this recordFree. About: 4210 West 67th Street. Top1031 is not a broker-dealer.

What did 4210 West 67th Street own?

The building was completed as a build-to-suit in 2024. 2 A Sealy affiliate reported in an SEC filing that the predecessor owner acquired the property on December 10, 2025 for approximately $33.4 million plus transaction costs, and that the property-owning LLC was converted into a Delaware statutory trust on January 13, 2026. 3 The offering documents place the single-story building on about 29.98 acres and give the postal address as Anderson, Indiana, inside the Indianapolis metro. 1

Property address
4210 West 67th Street, Indianapolis, IN
Property size
303,456 SF

How was it financed, and what did it cost to sell?

The memorandum states that the Trust uses no permanent financing for the property. 1 For an exchanger that matters in one specific way: a debt-free trust passes through no share of mortgage debt to replace a loan paid off on the relinquished property.

Debt

Financing
All cash. This offering reports no mortgage debt.

Costs and terms from the Form D

Selling commissions
$2,428,103 · 6.0% of offering
Finders’ fees
$0
Paid to officers, directors and promoters
$3,901,602 · 9.7% of offering
Form D Item 16
· The filing’s note: “Estimate includes Managing Broker-Dealer Fee, Closing Costs, Acquisition Fee, Offering & Organizational Expenses and Bridge Carry Costs that may accrue to one or more related persons.”
Broker-dealers named in the Form D
18 named in the Form D
Show the firms

Individual representatives named in Item 12 are not listed.

Date of first sale
Feb 2, 2026
Minimum investment
$100,000

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.

What does the SEC record show?

Legal Trust name
Sealy Industrial I, DST
SEC CIK
2108231
First Form D
Jan 29, 2026
Latest Form D
Oct 13, 2026
Filings on record
2
Offered under
Rule 506(b)
General advertising and solicitation are not permitted under this exemption.
Source filing
Read the filings on SEC EDGAR

SEC Form D filings, newest first

FiledFormOffering amountAmount soldInvestors
Form D/A$40,167,382was $40,468,388
$40,167,382+$40,167,382
131
EDGAR
Form D$40,468,388
$0
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

What happened to 4210 West 67th Street?
4210 West 67th Street is a Historical offering. The last Form D, filed Oct 13, 2026, reports the offering fully sold.
What does this Trust actually own?
One single-tenant Class A industrial building at 4210 West 67th Street in the Indianapolis area, reported at 303,456 square feet on roughly 29.98 acres and completed as a build-to-suit in 2024. A Sealy affiliate reported in an SEC filing that the predecessor owner acquired it on December 10, 2025 for about $33.4 million plus transaction costs, and that the property-owning LLC was converted into a Delaware statutory trust on January 13, 2026. One building and one tenant means no property diversification inside the offering.
Who is the tenant, and who stands behind the lease?
Pioneer Hi-Bred International, part of the Corteva seed business, leases the entire building. The offering documents describe the lease as running July 1, 2024 through December 31, 2036 with two five-year extension terms, structured as triple-net so the tenant pays real-estate taxes, insurance and operating expenses, and name EIDP, Inc. as guarantor of Pioneer's payment and performance obligations. The executed lease and guaranty documents themselves control.
Does the Trust carry a mortgage?
The offering documents state that the Trust does not use permanent financing for the property, so the building is held without mortgage debt. That is a structural point for exchangers: an all-equity trust passes through no share of mortgage debt, so an investor who paid off a loan on the relinquished property gets no replacement debt from this Trust. The trust agreement and the offering documents control.
Is the property in Indianapolis or Anderson, Indiana?
Both appear in the public record for the same street address. Sealy & Company announced 4210 West 67th Street as an Indianapolis-area industrial acquisition on December 16, 2025, while the offering documents give the postal address as 4210 West 67th Street, Anderson, Indiana 46011, inside the Indianapolis metropolitan area. Street address, square footage and tenant match, so this is one property described two ways. Municipality drives property taxes and local entitlements, so the address in the offering documents is the controlling reference.
Can this convert into a REIT interest later?
Nothing in the Form D or in Sealy's public materials describes a 721/UPREIT exit — the structure in which DST investors contribute their property interest to a REIT's operating partnership in exchange for OP units. The public record shows no such conversion right for this Trust, so any exit expectation has to be checked against the trust agreement and the offering documents.

In the news

Sources

Show sources (6)Hide sources (6)

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.