StorEagle Auburn
Self-storage (mixed-use storage and retail) property in Auburn, AL — sponsor not disclosed
Show sources (12)Hide sources (12)
These links support the historical public record; individual details may come from different sources.
- U.S. Securities and Exchange Commission ↗
- U.S. Securities and Exchange Commission — LBX AUBURN, DST Form D ↗
- LoopNet ↗
- Leitbox Storage Partners, LLC ↗
- Newswire.com / Leitbox Storage Partners ↗
- Auburn-Opelika Tourism ↗
- CubeSmart ↗
- leitbox.com ↗
- leitbox.com ↗
- newswire.com ↗
- nextdoor.com ↗
- bluevaultpartners.com ↗
What is this, in one paragraph?
StorEagle Auburn is a Delaware statutory trust — a structure letting 1031 exchange investors hold fractional interests in real estate — that filed a single Form D in July 2022 and never amended it.1 The property is a mixed-use self-storage and retail building at 312 N Gay Street in Auburn, Alabama.3 Leitbox Storage Partners' investor portal marks the trust closed for investment as of July 26, 2022.4
Minimum investment
Not stated
Offering size
$16.4M
How much has sold
None sold yet
Financing
Not stated. The filings for this offering do not say whether it carries mortgage debt.
Sponsor-reported, from SEC filings and cited 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?
The Form D states that offering proceeds would purchase real property developed in 2016 by three partners.2 A LoopNet listing dated September 2, 2022 places the StorEagle building at 312 N Gay Street in Auburn and reports 91,893 square feet of gross leasable area with a 2017 construction year — a date the issuer's own filing does not match.3 No unit count, acquisition price, or closing date appears in any source located.
- Reported location
- Auburn, AL
Who is the tenant, and what's the lease?
Leitbox reported on June 9, 2025 that Auburn-Opelika Tourism had become the newest non-storage tenant at StorEagle Auburn, holding a ribbon-cutting after operating there for some time.5 The tourism organization lists 312 N Gay Street, Suite A as its address.6 No master lease terms or storage occupancy figures appear in the public record.
How did it end?
Sold
Per a September 5, 2025 press release from Leitbox Storage Partners and Merchants Retail Partners, the LBX Auburn DST sold Flint's Crossing (a 97,668-sf neighborhood shopping center in Auburn, AL anchored by Sprouts Farmers Market and Planet Fitness) to an institutional buyer; the transaction closed August 21, 2025, delivering a 1.65x equity multiple and 12.4% annualized return to investors over an approximately 3-year hold (sale price not disclosed).
Leitbox's investor portal identifies LBX Auburn, DST and states 'Closed for Investment - July 26, 2022'; because that is a sponsor portal rather than news evidence, status_signal remains none. The 2025 Leitbox/Newswire release names StorEagle Auburn and describes a non-storage tenant in the mixed-use storage/retail development. Nextdoor identifies Stor Eagle Storage at 312 N Gay Street, Auburn, Alabama. No property-level unit count or square-footage figure was found, and no exact-property photo candidate was verified without risking a people, logo, or otherwise unconfirmed image.
Supporting evidence
Counted on the sponsor’s Record Card as: No outcome recorded · under 7 years Document
Who's behind it?
Leitbox Storage Partners' DST investor portal lists LBX Auburn, DST among its offerings, and the firm markets StorEagle-branded properties that pair self-storage with street-level retail.4 Blue Vault covered Leitbox's expansion of its sales and distribution activity in the self-storage investment market on December 2, 2021. The SEC issuer profile gives the trust a Birmingham, Alabama mailing address and Delaware as its state of organization.1 CubeSmart now markets a self-storage facility at the same street address; nothing located establishes an ownership change or rebrand.7
- Sponsor
- Sponsor not disclosedThe filing does not identify a sponsor we can confirm.
- May convert to a REIT
- No
Reported by the sponsor. Top1031 does not independently audit sponsor-reported figures.
What does the paperwork say?
The record here is a single notice with no amendments after it — no later filing reports sales, extends the offering, or reports a close. The exemption claimed permits sales only to accredited investors, those meeting SEC income or net-worth tests, without general advertising. SEC file number 021-451797.1
- Form D filedFirst and latest filing on record.
- Legal Trust name
- LBX AUBURN, DST
- Filings on record
- 1
- 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 StorEagle Auburn?
Top1031 lists StorEagle Auburn in the Historical cohort because its latest filing is outside the Active window. The outcome and source documents are shown separately.
Where does Top1031 get the data for StorEagle Auburn?
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.
Is StorEagle Auburn still open to new investors?
The SEC record contains one Form D notice dated July 11, 2022 and nothing after it, so the federal filing trail does not report a close. Leitbox Storage Partners' own DST investor portal marks LBX Auburn, DST as closed for investment as of July 26, 2022. That is a sponsor statement rather than independent reporting, and Top1031 treats it as such.
Where is the property, and what kind of building is it?
A LoopNet listing dated September 2, 2022 identifies 312 N Gay Street, Auburn, Alabama 36830 as the StorEagle self-storage building and reports 91,893 square feet of gross leasable area with a 2017 year built. The issuer's Form D instead describes property developed in 2016 by three partners. Those two sourced statements have not been reconciled.
Who occupies the property?
Leitbox announced on June 9, 2025 that Auburn-Opelika Tourism became the newest non-storage tenant at StorEagle Auburn, marking a grand opening and ribbon-cutting after already operating in the space. The tourism organization's own site lists 312 N Gay Street, Suite A. Separately, CubeSmart's facility page markets self-storage at 312 N Gay Street; no located source establishes how or when that operator arrangement arose.
Who sponsors this Trust?
The Form D itself does not identify a sponsor or manager. Leitbox Storage Partners' DST investor portal lists LBX Auburn, DST among its offerings, and Leitbox's 2025 press release names StorEagle Auburn as one of its mixed-use storage and retail properties. Top1031 records the sponsor as undisclosed because the filing does not attribute it.
What does the public record say about debt or lease structure?
Nothing. No retrieved source establishes leverage, a lender, loan terms, a master lease, distribution terms, or occupancy for this Trust. A prospective investor would find those terms only in the private placement memorandum — the offering document a sponsor delivers to accredited investors — not in the SEC filing.
Does this Trust have a 721/UPREIT exit path?
The data on record shows no conversion feature. A 721 or UPREIT exit lets a DST's property be contributed to a real estate investment trust's operating partnership in exchange for units, deferring tax but ending the ability to do another 1031 exchange. Nothing in this Trust's filing indicates that option.
Chapter 8Leitbox Storage Partners Welcomes Auburn-Opelika Tourism to StorEagle AuburnLeitbox announced Auburn-Opelika Tourism as the newest non-storage tenant at StorEagle Auburn, describing the property as part of its mixed-use storage and retail platform.