SRRT 407 Industrial DST
Raised
Pre-open
Investors
—
Min Invest
$200,000
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AltStreet Analysis
·Generated from EDGAR primary sources
SRRT 407 Industrial DST is a Delaware statutory trust formed to hold industrial real estate, filed as a Form D by five named executive officers (Steven Norcutt, Evan Richardson, Bradley Schafer, Christopher Richardson, Ryan Voorhies) under the Rule 506(c) exemption. The offering is pre-open with no capital raised, no investor count, and no first sale date disclosed; the stated minimum investment is $200K for equity interests. No parent platform or related sibling entities were matched in available records.
This filing represents a single-asset industrial real estate DST, a common structure in the alternative investment space for 1031-exchange and accredited-investor real estate placements. A $200K minimum and 506(c) exemption (general solicitation, accredited investors only) is consistent with institutional/high-net-worth DST offerings, which typically carry higher minimums than pooled retail real estate funds.
Data Flags
EDGAR Filing Data
Form D — Primary Source
View on SEC.govFilings on Record
Every filing AltStreet's ledger holds for this CIK, newest first. Each opens the SEC archive folder.
In the Terminal
Filing events
1
latest Nov 12, 2026
Critical / warning
0 / 0
0 watch · 1 info
Statements extracted
0
none on file
NAV prints
0
none on file
Offering chains
1
pre_sale
Latest event New filer · Nov 12, 2026
SEC.govFund family Part of the SRRT Industrial DST family: 4 vehicles across 0 generations · full family and the filing behind each link in the terminal
Investor
- The full fund family and any related vehicles (parallel, feeder, successor, sibling series) with the filing that shows each link
- 1 filing event with values and deltas, latest 2026-11-12, and alerts on the next one
- 1 offering timeline: velocity, share raised, first-sale lag, stalled flags
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Related Persons (Form D)
Executive officers, directors, and promoters listed on the SEC Form D filing. Source: SEC.gov.
Steven Norcutt
Executive Officer · MINNEAPOLIS, MN
Evan Richardson
Executive Officer · MINNEAPOLIS, MN
Bradley Schafer
Executive Officer · MINNEAPOLIS, MN
Christopher Richardson
Executive Officer · MINNEAPOLIS, MN
Ryan Voorhies
Executive Officer · MINNEAPOLIS, MN
Questions About SRRT 407 Industrial DST
Each answer is built from the values on the SEC filing and the AltStreet ledger, not from the issuer's marketing.
What is SRRT 407 Industrial DST?
SRRT 407 Industrial DST is a Delaware entity organized in 2026 that filed a Form D with the SEC on November 12, 2026 in the Other Real Estate industry group. The filing claims Rule 506(c) for an offering of equity.
Is SRRT 407 Industrial DST legit?
AltStreet does not rate legitimacy; it reports the public record. SRRT 407 Industrial DST filed a Form D with the SEC on November 12, 2026 claiming Rule 506(c). A Form D is a notice of an exempt offering, not a review or approval of it. No sales had been reported as of that notice. AltStreet's enforcement record (SEC, FINRA and state actions) shows no action naming the issuer as of today. Before investing, confirm the filing on EDGAR, check the seller's registration on FINRA BrokerCheck, and read the offering documents, which a Form D does not include.
Is SRRT 407 Industrial DST registered with or approved by the SEC?
No. A Form D is a notice that an issuer is selling securities under an exemption from registration, and the SEC does not review, approve, or pass on the merits of the offering. The filing shows that SRRT 407 Industrial DST claimed Rule 506(c) and disclosed the items the form requires, such as the amount sold, the minimum investment, related persons, and anyone paid to sell the securities. It does not verify the issuer's claims or its business.
How much has SRRT 407 Industrial DST raised?
SRRT 407 Industrial DST reported that the first sale had not yet occurred as of the Form D filed November 12, 2026, so no amount sold or investor count is on file. The total offering amount is $6,861,400.
Who can invest in SRRT 407 Industrial DST?
The offering relies on Rule 506(c), so the issuer may advertise it but may sell only to investors it has verified as accredited. The filing reports no non-accredited investors. The minimum investment accepted from an outside investor is $200,000.
What is the minimum investment in SRRT 407 Industrial DST?
The Form D lists $200,000 as the minimum investment accepted from any outside investor as of November 12, 2026. Issuers can waive their own minimums, and the figure does not include fees.
Who is selling SRRT 407 Industrial DST and how are they paid?
The Form D names no recipient of sales compensation, which usually means the issuer or its affiliates are placing the securities directly. Sales commissions are reported as $0 and finders' fees as $0. Form D allows these to be estimates.
Who is behind SRRT 407 Industrial DST?
The Form D lists 5 related persons: Steven G. Norcutt, executive officer (President and Chief Operating Officer of Signatory Trustee); Evan C. Richardson, executive officer (Vice President of the Signatory Trustee); Bradley J. Schafer, executive officer (Chief Executive Officer of the Signatory Trustee); Christopher N. Richardson, executive officer (Secretary of the Signatory Trustee); Ryan A. Voorhies, executive officer (Chief Financial Officer of the Signatory Trustee). Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.
Where is SRRT 407 Industrial DST located?
The issuer's address on its SEC filings is 901 N 3rd St, Suite 100, Minneapolis, MN 55401. Its phone number of record is 00000. It is organized under the laws of Delaware.
How long is the SRRT 407 Industrial DST offering open?
The issuer indicated that the offering is not intended to last more than one year. An issuer must amend its Form D annually while a continuing offering stays open, and no amendment is on record yet.
What is SRRT 407 Industrial DST's revenue?
The issuer declined to disclose its revenue range on the Form D, which the form permits.
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Data Methodology
Capital raise figures, investor counts, and filing dates are sourced directly from SEC EDGAR Form D primary documents via the SEC EDGAR submissions API and full-text search index. EDGAR entity profiles and deal-level data are reviewed by AltStreet analysts with backgrounds in corporate finance and securities law — cross-referenced against offering circulars, audited financial statements, and primary regulatory filings before publication. Platform-provided information, where present, is clearly labeled and does not affect EDGAR data or AltStreet editorial coverage. Platforms may request factual corrections for demonstrable inaccuracies by contacting [email protected]. This page does not constitute investment advice.