Full cycle

TNP Northgate Boise, DST's property sold on October 1, 2025, ending an 11.6-year hold

Thompson National Properties lists the program as completed on its published track record; the Delaware Statutory Trust (DST) offering first filed with the SEC in March 2014.

Published Updated

The commercial property held by TNP Northgate Boise, DST changed hands for $20 million, as reported by the sponsor and recorded on Top1031's page for Thompson National Properties. No buyer is named in the record.

Field

Detail

Asset class

Commercial

Offering exemption

Rule 506(b)

Offering ceiling

$3,700,000

Minimum investment

$25,000

First Form D filing

March 12, 2014

From the trust's first Form D to the disposition, the hold stands at 11.6 years. That is a span, not an outcome, and it does not speak to what the investors in this trust ultimately received.

No total return, no annualized return, and no equity multiple appears in the record for this offering. The Form D carries no performance figures. What each investor realized is not disclosed, and the public record for this full cycle is the 2014 filing and the sponsor's own accounting of the sale.