SAIC Building

Thompson National Properties acquired the newly constructed Class A office building at 3745 Pentagon Blvd. in Beavercreek, Ohio, in 2012 on behalf of 1031 exchange investors.² The sponsor helped SAIC move into the building as its new headquarters. The Dayton Business Journal reported in July 2026 that the property sold for $10.3 million, naming the Trust as the former owner and a Columbus-based entity as buyer.¹ An August 2026 listing marketed space there for lease.⁴

Reported location

Beavercreek, OH

Property size

86,928 square feet; 3 stories; 4.61 acres

Science Applications International Corporation, the technology firm that moved its headquarters in, leased the entire building on a triple-net basis — the tenant carrying taxes, insurance, and maintenance — under an initial ten-year term that began July 1, 2012.³ That term has since run its course, and 2026 listings show office space at the address available.⁴

This was a leveraged Trust rather than an all-cash one, meaning mortgage debt sat above the investors' equity. Thompson National Properties said the acquisition was financed by American National Insurance Company.² The Form D filings themselves disclose no debt terms.

Thompson National Properties sponsored this Trust from Irvine, California; the Form D lists a principal address of 1900 Main Street.⁵ The firm ran a series of Delaware statutory trust programs for 1031 exchange investors in the early 2010s, and this Beavercreek office deal was one of them. It announced the acquisition in August 2012, describing the purchase as made on behalf of exchange investors.²

Sponsor

Thompson National Properties

Legal Trust name

TNP 3745 PENTAGON BLVD DST

May convert to a REIT

No

Offerings from this sponsor

0 active / 11 total offerings from Thompson National Properties

Reported by the sponsor. Top1031 does not independently audit sponsor-reported figures.

The original Form D — the notice an issuer files with the SEC for a private offering — reported a far larger $18,635,000 offering; the later amendment restated the raise at the smaller amount actually placed and showed nothing remaining.⁶ The Trust was offered privately to accredited investors, without general advertising.

1. Aug 14, 2012First Form D filedThe public offering record begins.
2. Oct 4, 2012Latest Form D filedThe most recent sponsor-filed checkpoint in this record.

Filings on record

2

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.