Sealy Closes $40.47 Million Industrial DST Near Indianapolis

Sealy & Co. has closed Sealy Industrial I, DST, a fully subscribed offering that raised nearly $40.47 million in equity, the Dallas-based sponsor said. It is the firm’s first Delaware statutory trust offering distributed through the retail wealth management channel.

The offering closed Sept. 24, according to Sealy. It began raising capital in January with a total offering amount of $40,468,388. The offering was made under Rule 506(b) of Regulation D, was open only to accredited investors, and had a $100,000 minimum investment.

Before this offering, Sealy-sponsored entities had acquired nearly $1 billion of commercial real estate through custom 1031 exchange transactions, the company said in a statement. Sealy Industrial I is the first of a program AltsWire previously reported in November 2025.

“Closing our first retail DST offering is a meaningful milestone for Sealy,” said Peter Jackson, president and chief executive officer of Sealy Investment Securities LLC, the managing broker-dealer for Sealy-sponsored offerings. “This close reflects continued demand for institutional-quality industrial real estate and the strength of Sealy’s investment and distribution platform.”

The DST owns a roughly 300,000-square-foot Class A warehouse and distribution facility at 4210 W. 67th St. in Anderson, Ind., northeast of Indianapolis. The building, completed in 2024, has about 105,000 square feet of humidity-controlled cold storage and sits near Interstate 69. Sealy acquired the property in December 2025, the company said. Corteva Agriscience, the Indianapolis-based seed and agricultural chemical company, occupied the building when it opened in August 2024 under a lease with an initial 10-year term and two five-year renewal options, according to local news reports.

Sealy declined to confirm the tenant or discuss fees, investor participation, projected distributions, or investor economics.

Sealy said it views the DST structure as “an important addition to its industrial real estate investment platform” and plans to keep evaluating opportunities that fit its investment strategy.

Founded in 1946, Sealy focuses on industrial real estate. The company says it has a national platform of more than 35 million square feet and more than $8 billion in investment activity.

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