Form D Raw Data - Electronic Filing Depository

EFDID: 538138EFD: Raw Data

Issuer: Government Lease Holdings 2 DST (0002045048) - D/A

Accession: 0000932440-25-000011 () (EDGAR Files) (Form D)

Edgar Posted: Jun. 20, 2025
EFD Posted: Jun. 20, 2025

- < edgarSubmission >

< schemaVersion > X0708 </ schemaVersion >

< submissionType > D/A </ submissionType >

< testOrLive > LIVE </ testOrLive >

- < primaryIssuer >

< cik > 0002045048 </ cik >

< entityName > Government Lease Holdings 2 DST </ entityName >

- < issuerAddress >

< street1 > C/O NET LEASE CAPITAL ADVISORS LLC </ street1 >

< street2 > 10 TARA BOULEVARD, SUITE 501 </ street2 >

< city > NASHUA </ city >

< stateOrCountry > NH </ stateOrCountry >

< stateOrCountryDescription > NEW HAMPSHIRE </ stateOrCountryDescription >

< zipCode > 03062 </ zipCode >

</ issuerAddress >

< issuerPhoneNumber > 603-686-8276 </ issuerPhoneNumber >

< jurisdictionOfInc > DELAWARE </ jurisdictionOfInc >

- < issuerPreviousNameList >

< value > None </ value >

</ issuerPreviousNameList >

- < edgarPreviousNameList >

< value > None </ value >

</ edgarPreviousNameList >

< entityType > Other </ entityType >

< entityTypeOtherDesc > Delaware Statutory Trust </ entityTypeOtherDesc >

- < yearOfInc >

< withinFiveYears > true </ withinFiveYears >

< value > 2024 </ value >

</ yearOfInc >

</ primaryIssuer >

- < relatedPersonsList >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > Douglas </ firstName >

< middleName > F. </ middleName >

< lastName > Blough </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > c/o Net Lease Capital Advisors LLC </ street1 >

< street2 > 10 Tara Boulevard, Suite 501 </ street2 >

< city > Nashua </ city >

< stateOrCountry > NH </ stateOrCountry >

< stateOrCountryDescription > NEW HAMPSHIRE </ stateOrCountryDescription >

< zipCode > 03062 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Executive Officer </ relationship >

</ relatedPersonRelationshipList >

</ relatedPersonInfo >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > Bruce </ firstName >

< middleName > S. </ middleName >

< lastName > MacDonald </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > c/o Net Lease Capital Advisors LLC </ street1 >

< street2 > 10 Tara Boulevard, Suite 501 </ street2 >

< city > Nashua </ city >

< stateOrCountry > NH </ stateOrCountry >

< stateOrCountryDescription > NEW HAMPSHIRE </ stateOrCountryDescription >

< zipCode > 03062 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Executive Officer </ relationship >

</ relatedPersonRelationshipList >

</ relatedPersonInfo >

</ relatedPersonsList >

- < offeringData >

- < industryGroup >

< industryGroupType > Other Real Estate </ industryGroupType >

</ industryGroup >

- < issuerSize >

< revenueRange > Not Applicable </ revenueRange >

</ issuerSize >

- < federalExemptionsExclusions >

< item > 06c </ item >

</ federalExemptionsExclusions >

- < typeOfFiling >

- < newOrAmendment >

< isAmendment > true </ isAmendment >

< previousAccessionNumber > 0000932440-24-000023 </ previousAccessionNumber >

</ newOrAmendment >

- < dateOfFirstSale >

< value > 2024-11-08 </ value >

</ dateOfFirstSale >

</ typeOfFiling >

- < durationOfOffering >

< moreThanOneYear > true </ moreThanOneYear >

</ durationOfOffering >

- < typesOfSecuritiesOffered >

< isOtherType > true </ isOtherType >

< descriptionOfOtherType > Beneficial interests in a Delaware statutory trust </ descriptionOfOtherType >

</ typesOfSecuritiesOffered >

- < businessCombinationTransaction >

< isBusinessCombinationTransaction > false </ isBusinessCombinationTransaction >

</ businessCombinationTransaction >

< minimumInvestmentAccepted > 100000 </ minimumInvestmentAccepted >

- < salesCompensationList >

- < recipient >

< recipientName > Roger William Bowlin </ recipientName >

< recipientCRDNumber > 1905652 </ recipientCRDNumber >

< associatedBDName > Aurora Securities </ associatedBDName >

< associatedBDCRDNumber > 46147 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 10510 NORTHUP WAY </ street1 >

< street2 > SUITE 150 </ street2 >

< city > KIRKLAND </ city >

< stateOrCountry > WA </ stateOrCountry >

< stateOrCountryDescription > WASHINGTON </ stateOrCountryDescription >

< zipCode > 98033 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CA </ state >

< description > CALIFORNIA </ description >

< state > WA </ state >

< description > WASHINGTON </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Chay Thomas Lapin </ recipientName >

< recipientCRDNumber > 6275140 </ recipientCRDNumber >

< associatedBDName > FNEX Capital, LLC </ associatedBDName >

< associatedBDCRDNumber > 166316 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 2958 COLUMBIA STREET </ street1 >

< city > TORRENCE </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 90503 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > KS </ state >

< description > KANSAS </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Timothy James Emmanuel </ recipientName >

< recipientCRDNumber > 7857742 </ recipientCRDNumber >

< associatedBDName > FNEX Capital, LLC </ associatedBDName >

< associatedBDCRDNumber > 166316 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 2958 COLUMBIA STREET </ street1 >

< city > TORRENCE </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 90503 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CA </ state >

< description > CALIFORNIA </ description >

< state > MI </ state >

< description > MICHIGAN </ description >

< state > NY </ state >

< description > NEW YORK </ description >

< state > TX </ state >

< description > TEXAS </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Orrin Foster Barrow </ recipientName >

< recipientCRDNumber > 6784158 </ recipientCRDNumber >

< associatedBDName > FNEX Capital, LLC </ associatedBDName >

< associatedBDCRDNumber > 166316 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > ONE INDIANA SQUARE </ street1 >

< street2 > SUITE 2252 </ street2 >

< city > INDIANAPOLIS </ city >

< stateOrCountry > IN </ stateOrCountry >

< stateOrCountryDescription > INDIANA </ stateOrCountryDescription >

< zipCode > 46204 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CA </ state >

< description > CALIFORNIA </ description >

< state > CO </ state >

< description > COLORADO </ description >

< state > NJ </ state >

< description > NEW JERSEY </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > David Andrew Kangas </ recipientName >

< recipientCRDNumber > 6591398 </ recipientCRDNumber >

< associatedBDName > Wealthforge Securities, LLC </ associatedBDName >

< associatedBDCRDNumber > 152550 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 3015 W. MOORE STREET </ street1 >

< street2 > SUITE 102 </ street2 >

< city > RICHMOND </ city >

< stateOrCountry > VA </ stateOrCountry >

< stateOrCountryDescription > VIRGINIA </ stateOrCountryDescription >

< zipCode > 23230 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CA </ state >

< description > CALIFORNIA </ description >

< state > NV </ state >

< description > NEVADA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Bradford Lee Watt </ recipientName >

< recipientCRDNumber > 2565438 </ recipientCRDNumber >

< associatedBDName > Saxony Securities, Inc. </ associatedBDName >

< associatedBDCRDNumber > 115547 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 115 WILCOX STREET </ street1 >

< street2 > SUITE 220 </ street2 >

< city > CASTLE ROCK </ city >

< stateOrCountry > CO </ stateOrCountry >

< stateOrCountryDescription > COLORADO </ stateOrCountryDescription >

< zipCode > 80104 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CO </ state >

< description > COLORADO </ description >

< state > FL </ state >

< description > FLORIDA </ description >

< state > MD </ state >

< description > MARYLAND </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > David George Bulger </ recipientName >

< recipientCRDNumber > 3180806 </ recipientCRDNumber >

< associatedBDName > Realta Equities, Inc. </ associatedBDName >

< associatedBDCRDNumber > 23769 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 12636 HIGH BLUFF DRIVE </ street1 >

< street2 > SUITE 300 </ street2 >

< city > SAN DIEGO </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 92130 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > FL </ state >

< description > FLORIDA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Kirsten Rebecca Eriksson </ recipientName >

< recipientCRDNumber > 7475882 </ recipientCRDNumber >

< associatedBDName > Cabin Securities, Inc. </ associatedBDName >

< associatedBDCRDNumber > 137608 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 3141 MICHELSON DRIVE </ street1 >

< street2 > SUITE 504 </ street2 >

< city > IRVINE </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 92612 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CA </ state >

< description > CALIFORNIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Sam Bhushan </ recipientName >

< recipientCRDNumber > 4884717 </ recipientCRDNumber >

< associatedBDName > Cabin Securities, Inc. </ associatedBDName >

< associatedBDCRDNumber > 137608 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 3141 MICHELSON DRIVE </ street1 >

< street2 > SUITE 504 </ street2 >

< city > IRVINE </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 92612 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CA </ state >

< description > CALIFORNIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > RCX Capital Group, LLC </ recipientName >

< recipientCRDNumber > 114290 </ recipientCRDNumber >

< associatedBDName > None </ associatedBDName >

< associatedBDCRDNumber > None </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 2002 TIMBERLOCH PLACE </ street1 >

< street2 > SUITE 200 </ street2 >

< city > THE WOODLANDS </ city >

< stateOrCountry > TX </ stateOrCountry >

< stateOrCountryDescription > TEXAS </ stateOrCountryDescription >

< zipCode > 77380 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > IL </ state >

< description > ILLINOIS </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > John Paul Ledesma </ recipientName >

< recipientCRDNumber > 2379751 </ recipientCRDNumber >

< associatedBDName > Emerson Equity LLC </ associatedBDName >

< associatedBDCRDNumber > 130032 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 9870 RESEARCH DRIVE </ street1 >

< street2 > #104 </ street2 >

< city > IRVINE </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 92618 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > ME </ state >

< description > MAINE </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > John Danh Nguyen </ recipientName >

< recipientCRDNumber > 4919629 </ recipientCRDNumber >

< associatedBDName > Money Concepts Capital Corp. </ associatedBDName >

< associatedBDCRDNumber > 12963 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 550 W. ORANGETHORPE AVENUE </ street1 >

< street2 > SUITE A </ street2 >

< city > PLACENTIA </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 92870 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CA </ state >

< description > CALIFORNIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Scott David Offerman </ recipientName >

< recipientCRDNumber > 4619093 </ recipientCRDNumber >

< associatedBDName > 1031 Securities Inc. </ associatedBDName >

< associatedBDCRDNumber > 326590 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 25300 WEST 13 MILE ROAD </ street1 >

< city > FRANKLIN </ city >

< stateOrCountry > TN </ stateOrCountry >

< stateOrCountryDescription > TENNESSEE </ stateOrCountryDescription >

< zipCode > 48025 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > NY </ state >

< description > NEW YORK </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Andrew David Raney </ recipientName >

< recipientCRDNumber > 5120161 </ recipientCRDNumber >

< associatedBDName > Metropolitan Capital Investment Banc, Inc. </ associatedBDName >

< associatedBDCRDNumber > 148820 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 350 N. LASALLE STREET </ street1 >

< street2 > SUITE 800 </ street2 >

< city > CHICAGO </ city >

< stateOrCountry > IL </ stateOrCountry >

< stateOrCountryDescription > ILLINOIS </ stateOrCountryDescription >

< zipCode > 60654 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > FL </ state >

< description > FLORIDA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Jeremy Hudgens </ recipientName >

< recipientCRDNumber > 7841753 </ recipientCRDNumber >

< associatedBDName > FNEX Capital, LLC </ associatedBDName >

< associatedBDCRDNumber > 166316 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 2958 COLUMBIA STREET </ street1 >

< city > TORRENCE </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 90503 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CA </ state >

< description > CALIFORNIA </ description >

< state > TX </ state >

< description > TEXAS </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Richard Hulett Hickman </ recipientName >

< recipientCRDNumber > 1860694 </ recipientCRDNumber >

< associatedBDName > Berthel, Fisher & Company Financial Services, Inc. </ associatedBDName >

< associatedBDCRDNumber > 13609 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 532 29TH </ street1 >

< street2 > SUITE A </ street2 >

< city > DES MOINES </ city >

< stateOrCountry > IA </ stateOrCountry >

< stateOrCountryDescription > IOWA </ stateOrCountryDescription >

< zipCode > 50312 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > IA </ state >

< description > IOWA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Thomas Arthur Olsen </ recipientName >

< recipientCRDNumber > 7338381 </ recipientCRDNumber >

< associatedBDName > FNEX Capital, LLC </ associatedBDName >

< associatedBDCRDNumber > 166316 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 2958 COLUMBIA STREET </ street1 >

< city > TORRENCE </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 90503 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CA </ state >

< description > CALIFORNIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Matthew Douglas McFarland </ recipientName >

< recipientCRDNumber > 6675310 </ recipientCRDNumber >

< associatedBDName > FNEX Capital, LLC </ associatedBDName >

< associatedBDCRDNumber > 166316 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 2958 COLUMBIA STREET </ street1 >

< city > TORRENCE </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 90503 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > FL </ state >

< description > FLORIDA </ description >

< state > NV </ state >

< description > NEVADA </ description >

< state > TX </ state >

< description > TEXAS </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > April Diane Guinchard </ recipientName >

< recipientCRDNumber > 1729146 </ recipientCRDNumber >

< associatedBDName > Rex Capital Group, LLC </ associatedBDName >

< associatedBDCRDNumber > 114290 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 2002 TIMBERLOCH PLACE </ street1 >

< street2 > SUITE 200 </ street2 >

< city > THE WOODLANDS </ city >

< stateOrCountry > TX </ stateOrCountry >

< stateOrCountryDescription > TEXAS </ stateOrCountryDescription >

< zipCode > 77380 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > IL </ state >

< description > ILLINOIS </ description >

< state > MI </ state >

< description > MICHIGAN </ description >

< state > WA </ state >

< description > WASHINGTON </ description >

< state > WI </ state >

< description > WISCONSIN </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Ronnie Glenn Richardson </ recipientName >

< recipientCRDNumber > 7345870 </ recipientCRDNumber >

< associatedBDName > RCX Capital Group, LLC </ associatedBDName >

< associatedBDCRDNumber > 114290 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 2002 TIMBERLOCH PLACE </ street1 >

< street2 > SUITE 200 </ street2 >

< city > THE WOODLANDS </ city >

< stateOrCountry > TX </ stateOrCountry >

< stateOrCountryDescription > TEXAS </ stateOrCountryDescription >

< zipCode > 77380 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CT </ state >

< description > CONNECTICUT </ description >

< state > IA </ state >

< description > IOWA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Alexander Sanford Madden </ recipientName >

< recipientCRDNumber > 7089201 </ recipientCRDNumber >

< associatedBDName > FNEX Capital, LLC </ associatedBDName >

< associatedBDCRDNumber > 166316 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 2958 COLUMBIA STREET </ street1 >

< city > TORRENCE </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 90503 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > PA </ state >

< description > PENNSYLVANIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Paul Michael Grumann </ recipientName >

< recipientCRDNumber > 4281475 </ recipientCRDNumber >

< associatedBDName > RCX Capital Group, LLC </ associatedBDName >

< associatedBDCRDNumber > 114290 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 2002 TIMBERLOCH PLACE PLACE </ street1 >

< street2 > SUITE 200 </ street2 >

< city > THE WOODLANDS </ city >

< stateOrCountry > TX </ stateOrCountry >

< stateOrCountryDescription > TEXAS </ stateOrCountryDescription >

< zipCode > 77380 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CO </ state >

< description > COLORADO </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Jean-Louis Guinchard </ recipientName >

< recipientCRDNumber > 1983431 </ recipientCRDNumber >

< associatedBDName > RCX Capital Group, LLC </ associatedBDName >

< associatedBDCRDNumber > 114290 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 2002 TIMBERLOCH PLACE PLACE </ street1 >

< street2 > SUITE 200 </ street2 >

< city > THE WOODLANDS </ city >

< stateOrCountry > TX </ stateOrCountry >

< stateOrCountryDescription > TEXAS </ stateOrCountryDescription >

< zipCode > 77380 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > MN </ state >

< description > MINNESOTA </ description >

< state > WI </ state >

< description > WISCONSIN </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Paul Angelo Manese </ recipientName >

< recipientCRDNumber > 4642565 </ recipientCRDNumber >

< associatedBDName > RCX Capital Group, LLC </ associatedBDName >

< associatedBDCRDNumber > 114290 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 2002 TIMBERLOCH PLACE PLACE </ street1 >

< street2 > SUITE 200 </ street2 >

< city > THE WOODLANDS </ city >

< stateOrCountry > TX </ stateOrCountry >

< stateOrCountryDescription > TEXAS </ stateOrCountryDescription >

< zipCode > 77380 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CA </ state >

< description > CALIFORNIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Joseph Allen Nugent </ recipientName >

< recipientCRDNumber > 4019776 </ recipientCRDNumber >

< associatedBDName > Arkadios Capital </ associatedBDName >

< associatedBDCRDNumber > 282710 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 2827 PEACHTREE ROAD NE </ street1 >

< street2 > SUITE 510 </ street2 >

< city > ATLANTA </ city >

< stateOrCountry > GA </ stateOrCountry >

< stateOrCountryDescription > GEORGIA </ stateOrCountryDescription >

< zipCode > 30305 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CO </ state >

< description > COLORADO </ description >

< state > GA </ state >

< description > GEORGIA </ description >

< state > MA </ state >

< description > MASSACHUSETTS </ description >

< state > WI </ state >

< description > WISCONSIN </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Robert George Langhorst </ recipientName >

< recipientCRDNumber > 1832998 </ recipientCRDNumber >

< associatedBDName > Aurora Securities </ associatedBDName >

< associatedBDCRDNumber > 46147 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 8740 BIG BEND </ street1 >

< city > ST. LOUIS </ city >

< stateOrCountry > MO </ stateOrCountry >

< stateOrCountryDescription > MISSOURI </ stateOrCountryDescription >

< zipCode > 63119 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > MO </ state >

< description > MISSOURI </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Stacey Jim Morimoto </ recipientName >

< recipientCRDNumber > 4420782 </ recipientCRDNumber >

< associatedBDName > Stax Capital </ associatedBDName >

< associatedBDCRDNumber > 300607 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 10525 VISTA SORRENTO PARKWAY </ street1 >

< street2 > SUITE 220 </ street2 >

< city > SAN DIEGO </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 92121 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CA </ state >

< description > CALIFORNIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Nicholas Robert Snyder </ recipientName >

< recipientCRDNumber > 7138151 </ recipientCRDNumber >

< associatedBDName > FNEX Capital, LLC </ associatedBDName >

< associatedBDCRDNumber > 166316 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 2958 COLUMBIA STREET </ street1 >

< city > TORRENCE </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 90503 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > MT </ state >

< description > MONTANA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Trawnegan Gall </ recipientName >

< recipientCRDNumber > 6266415 </ recipientCRDNumber >

< associatedBDName > WealthForge Securities, LLC </ associatedBDName >

< associatedBDCRDNumber > 152550 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 3015 W. MOORE STREET </ street1 >

< street2 > SUITE 102 </ street2 >

< city > RICHMOND </ city >

< stateOrCountry > VA </ stateOrCountry >

< stateOrCountryDescription > VIRGINIA </ stateOrCountryDescription >

< zipCode > 23230 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > HI </ state >

< description > HAWAII </ description >

< state > OR </ state >

< description > OREGON </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Alexander Sandford Madden </ recipientName >

< recipientCRDNumber > 7089201 </ recipientCRDNumber >

< associatedBDName > FNEX Capital, LLC </ associatedBDName >

< associatedBDCRDNumber > 166316 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 2958 COLUMBIA STREET </ street1 >

< city > TORRENCE </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 90503 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > VA </ state >

< description > VIRGINIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > John Marvin Butler </ recipientName >

< recipientCRDNumber > 1951436 </ recipientCRDNumber >

< associatedBDName > Investment Security Corporation </ associatedBDName >

< associatedBDCRDNumber > 47536 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 7240 S. HIGHLAND DR. </ street1 >

< street2 > SUITE 103 </ street2 >

< city > SALT LAKE CITY </ city >

< stateOrCountry > UT </ stateOrCountry >

< stateOrCountryDescription > UTAH </ stateOrCountryDescription >

< zipCode > 84121 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > UT </ state >

< description > UTAH </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Thomas Arthur Olsen </ recipientName >

< recipientCRDNumber > 7338381 </ recipientCRDNumber >

< associatedBDName > FNEX Capital, LLC </ associatedBDName >

< associatedBDCRDNumber > 166316 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 2958 COLUMBIA STREET </ street1 >

< city > TORRENCE </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 90503 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > TX </ state >

< description > TEXAS </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > James Thomas Nagle </ recipientName >

< recipientCRDNumber > 48974499 </ recipientCRDNumber >

< associatedBDName > Lightpath Capital, Inc. </ associatedBDName >

< associatedBDCRDNumber > 34617 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 1560 E. SOUTHLAKE BLVD. </ street1 >

< street2 > SUITE 100 </ street2 >

< city > SOUTHLAKE </ city >

< stateOrCountry > TX </ stateOrCountry >

< stateOrCountryDescription > TEXAS </ stateOrCountryDescription >

< zipCode > 76092 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CA </ state >

< description > CALIFORNIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Paul M. Getty </ recipientName >

< recipientCRDNumber > 6470002 </ recipientCRDNumber >

< associatedBDName > Emerson Equity, LLC </ associatedBDName >

< associatedBDCRDNumber > 130032 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 155 BOVET ROAD </ street1 >

< street2 > SUITE 725 </ street2 >

< city > SAN MATEO </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 94402 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > TN </ state >

< description > TENNESSEE </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Dillon Dee Hall </ recipientName >

< recipientCRDNumber > 6463342 </ recipientCRDNumber >

< associatedBDName > Realta Equities, Inc. </ associatedBDName >

< associatedBDCRDNumber > 23769 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 2002 TIMBERLOCH PLACE </ street1 >

< street2 > SUITE 200 </ street2 >

< city > THE WOODLANDS </ city >

< stateOrCountry > TX </ stateOrCountry >

< stateOrCountryDescription > TEXAS </ stateOrCountryDescription >

< zipCode > 77380 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > AZ </ state >

< description > ARIZONA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Tania Rene Jernigan </ recipientName >

< recipientCRDNumber > 2007819 </ recipientCRDNumber >

< associatedBDName > Emerson Equity, LLC </ associatedBDName >

< associatedBDCRDNumber > 130032 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 8740 BIG BEND </ street1 >

< city > ST. LOUIS </ city >

< stateOrCountry > MO </ stateOrCountry >

< stateOrCountryDescription > MISSOURI </ stateOrCountryDescription >

< zipCode > 63119 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CA </ state >

< description > CALIFORNIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Timothy John Sherer </ recipientName >

< recipientCRDNumber > 833618 </ recipientCRDNumber >

< associatedBDName > Emerson Equity, LLC </ associatedBDName >

< associatedBDCRDNumber > 130032 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 8740 BIG BEND </ street1 >

< city > ST. LOUIS </ city >

< stateOrCountry > MO </ stateOrCountry >

< stateOrCountryDescription > MISSOURI </ stateOrCountryDescription >

< zipCode > 63119 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CA </ state >

< description > CALIFORNIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Edward Fernandez </ recipientName >

< recipientCRDNumber > 2956661 </ recipientCRDNumber >

< associatedBDName > Capulent LLC </ associatedBDName >

< associatedBDCRDNumber > 155155 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 2603 MAIN STREET </ street1 >

< street2 > SUITE 1050 </ street2 >

< city > IRVINE </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 92614 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CA </ state >

< description > CALIFORNIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > William LaPiana </ recipientName >

< recipientCRDNumber > 4580411 </ recipientCRDNumber >

< associatedBDName > Ausdal Financial Partners, Inc </ associatedBDName >

< associatedBDCRDNumber > 7995 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 1430 BROADWAY </ street1 >

< street2 > 21ST FLOOR, SUITE 100 </ street2 >

< city > NEW YORK </ city >

< stateOrCountry > NY </ stateOrCountry >

< stateOrCountryDescription > NEW YORK </ stateOrCountryDescription >

< zipCode > 10018 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > NY </ state >

< description > NEW YORK </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Michael Ghirardo </ recipientName >

< recipientCRDNumber > 7314050 </ recipientCRDNumber >

< associatedBDName > Emerson Equity, LLC </ associatedBDName >

< associatedBDCRDNumber > 130032 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 2958 COLUMBIA STREET </ street1 >

< city > TORRENCE </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 90503 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CA </ state >

< description > CALIFORNIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Daniel James Mercer </ recipientName >

< recipientCRDNumber > 6698392 </ recipientCRDNumber >

< associatedBDName > Emerson Equity, LLC </ associatedBDName >

< associatedBDCRDNumber > 130032 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 3015 W. MOORE STREET </ street1 >

< street2 > SUITE 102 </ street2 >

< city > RICHMOND </ city >

< stateOrCountry > VA </ stateOrCountry >

< stateOrCountryDescription > VIRGINIA </ stateOrCountryDescription >

< zipCode > 23230 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CA </ state >

< description > CALIFORNIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Reed Haimson </ recipientName >

< recipientCRDNumber > 5533993 </ recipientCRDNumber >

< associatedBDName > Great Point Capital LLC </ associatedBDName >

< associatedBDCRDNumber > 114203 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 200 WEST JACKSON BLVD. </ street1 >

< street2 > SUITE 1000 </ street2 >

< city > CHICAGO </ city >

< stateOrCountry > IL </ stateOrCountry >

< stateOrCountryDescription > ILLINOIS </ stateOrCountryDescription >

< zipCode > 60606 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CO </ state >

< description > COLORADO </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

</ salesCompensationList >

- < offeringSalesAmounts >

< totalOfferingAmount > 174652396 </ totalOfferingAmount >

< totalAmountSold > 34757548 </ totalAmountSold >

< totalRemaining > 139894848 </ totalRemaining >

</ offeringSalesAmounts >

- < investors >

< hasNonAccreditedInvestors > false </ hasNonAccreditedInvestors >

< totalNumberAlreadyInvested > 99 </ totalNumberAlreadyInvested >

</ investors >

- < salesCommissionsFindersFees >

- < salesCommissions >

< dollarAmount > 1861603 </ dollarAmount >

</ salesCommissions >

- < findersFees >

< dollarAmount > 0 </ dollarAmount >

</ findersFees >

< clarificationOfResponse > No sales commissions are paid to Clearview Trading Advisors, Inc., however they will receive a placement fee of 0.10% of the aggregate purchase price of the Interests, and a $5,000 monthly advisory fee. </ clarificationOfResponse >

</ salesCommissionsFindersFees >

- < useOfProceeds >

- < grossProceedsUsed >

< dollarAmount > 0 </ dollarAmount >

</ grossProceedsUsed >

< clarificationOfResponse />

</ useOfProceeds >

- < signatureBlock >

< authorizedRepresentative > false </ authorizedRepresentative >

- < signature >

< issuerName > Government Lease Holdings 2 DST </ issuerName >

< signatureName > /s/ Douglas F. Blough </ signatureName >

< nameOfSigner > Douglas F. Blough </ nameOfSigner >

< signatureTitle > Manager </ signatureTitle >

< signatureDate > 2025-06-20 </ signatureDate >

</ signature >

</ signatureBlock >

</ offeringData >

</ edgarSubmission >