Form D Raw Data - Electronic Filing Depository

EFDID: 580036EFD: Raw Data

Issuer: FSX Industrial 34, DST (0002103428) - D

Accession: 0002103428-25-000001 () (EDGAR Files) (Form D)

Edgar Posted: Dec. 31, 2025
EFD Posted: Jan. 2, 2026

- < edgarSubmission >

< schemaVersion > X0708 </ schemaVersion >

< submissionType > D </ submissionType >

< testOrLive > LIVE </ testOrLive >

- < primaryIssuer >

< cik > 0002103428 </ cik >

< entityName > FSX Industrial 34, DST </ entityName >

- < issuerAddress >

< street1 > 3349A STATE ROUTE 138 </ street1 >

< street2 > BUILDING A, SUITE A, 2ND FLOOR </ street2 >

< city > WALL </ city >

< stateOrCountry > NJ </ stateOrCountry >

< stateOrCountryDescription > NEW JERSEY </ stateOrCountryDescription >

< zipCode > 07719 </ zipCode >

</ issuerAddress >

< issuerPhoneNumber > 732-749-7328 </ issuerPhoneNumber >

< jurisdictionOfInc > DELAWARE </ jurisdictionOfInc >

- < issuerPreviousNameList >

< value > None </ value >

</ issuerPreviousNameList >

- < edgarPreviousNameList >

< value > None </ value >

</ edgarPreviousNameList >

< entityType > Other </ entityType >

< entityTypeOtherDesc > Statutory trust </ entityTypeOtherDesc >

- < yearOfInc >

< withinFiveYears > true </ withinFiveYears >

< value > 2025 </ value >

</ yearOfInc >

</ primaryIssuer >

- < relatedPersonsList >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > N/A </ firstName >

< lastName > Four Springs TEN31 Xchange, LLC </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 3349A State Route 138 </ street1 >

< street2 > Building A, Suite A, Second Floor </ street2 >

< city > Wall </ city >

< stateOrCountry > NJ </ stateOrCountry >

< stateOrCountryDescription > NEW JERSEY </ stateOrCountryDescription >

< zipCode > 07719 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Executive Officer </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification > Sponsor of the Issuer </ relationshipClarification >

</ relatedPersonInfo >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > N/A </ firstName >

< lastName > FSX Industrial 34 Manager, LLC </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 3349A State Route 138 </ street1 >

< street2 > Building A, Suite A, 2nd Floor </ street2 >

< city > Wall </ city >

< stateOrCountry > NJ </ stateOrCountry >

< stateOrCountryDescription > NEW JERSEY </ stateOrCountryDescription >

< zipCode > 07719 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Executive Officer </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification > Trust Manager of Issuer </ relationshipClarification >

</ relatedPersonInfo >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > N/A </ firstName >

< lastName > FSX Industrial 34 Depositor, LLC </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 3349A State Route 138 </ street1 >

< street2 > Building A, Suite A, 2nd Floor </ street2 >

< city > Wall </ city >

< stateOrCountry > NJ </ stateOrCountry >

< stateOrCountryDescription > NEW JERSEY </ stateOrCountryDescription >

< zipCode > 07719 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Executive Officer </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification > Depositor of Issuer </ relationshipClarification >

</ relatedPersonInfo >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > William </ firstName >

< middleName > P. </ middleName >

< lastName > Dioguardi </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 3349A State Route 138 </ street1 >

< street2 > Building A, Suite A, 2nd Floor </ street2 >

< city > Wall </ city >

< stateOrCountry > NJ </ stateOrCountry >

< stateOrCountryDescription > NEW JERSEY </ stateOrCountryDescription >

< zipCode > 07719 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Executive Officer </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification > Executive Chairman </ relationshipClarification >

</ relatedPersonInfo >

</ relatedPersonsList >

- < offeringData >

- < industryGroup >

< industryGroupType > Other Real Estate </ industryGroupType >

</ industryGroup >

- < issuerSize >

< revenueRange > Decline to Disclose </ revenueRange >

</ issuerSize >

- < federalExemptionsExclusions >

< item > 06c </ item >

</ federalExemptionsExclusions >

- < typeOfFiling >

- < newOrAmendment >

< isAmendment > false </ isAmendment >

</ newOrAmendment >

- < dateOfFirstSale >

< value > 2025-12-15 </ value >

</ dateOfFirstSale >

</ typeOfFiling >

- < durationOfOffering >

< moreThanOneYear > false </ moreThanOneYear >

</ durationOfOffering >

- < typesOfSecuritiesOffered >

< isEquityType > true </ isEquityType >

</ typesOfSecuritiesOffered >

- < businessCombinationTransaction >

< isBusinessCombinationTransaction > false </ isBusinessCombinationTransaction >

< clarificationOfResponse />

</ businessCombinationTransaction >

< minimumInvestmentAccepted > 100000 </ minimumInvestmentAccepted >

- < salesCompensationList >

- < recipient >

< recipientName > Third Seven Capital LLC </ recipientName >

< recipientCRDNumber > 160209 </ recipientCRDNumber >

< associatedBDName > None </ associatedBDName >

< associatedBDCRDNumber > None </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 67 Holly Hill Lane </ street1 >

< street2 > Suite 300C </ street2 >

< city > Greenwich </ city >

< stateOrCountry > CT </ stateOrCountry >

< stateOrCountryDescription > CONNECTICUT </ stateOrCountryDescription >

< zipCode > 06830 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< value > All States </ value >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

</ salesCompensationList >

- < offeringSalesAmounts >

< totalOfferingAmount > 50200000 </ totalOfferingAmount >

< totalAmountSold > 3205471 </ totalAmountSold >

< totalRemaining > 46994529 </ totalRemaining >

< clarificationOfResponse />

</ offeringSalesAmounts >

- < investors >

< hasNonAccreditedInvestors > false </ hasNonAccreditedInvestors >

< totalNumberAlreadyInvested > 6 </ totalNumberAlreadyInvested >

</ investors >

- < salesCommissionsFindersFees >

- < salesCommissions >

< dollarAmount > 2510000 </ dollarAmount >

< isEstimate > true </ isEstimate >

</ salesCommissions >

- < findersFees >

< dollarAmount > 0 </ dollarAmount >

< isEstimate > true </ isEstimate >

</ findersFees >

< clarificationOfResponse />

</ salesCommissionsFindersFees >

- < useOfProceeds >

- < grossProceedsUsed >

< dollarAmount > 3274600 </ dollarAmount >

< isEstimate > true </ isEstimate >

</ grossProceedsUsed >

< clarificationOfResponse > Estimate of certain fees and expenses including Organization and Offering Expense Allowance, Acquisition Fee, Finance Fee and Third-Party Due Diligence Expenses, which may accrue to one or more related persons. </ clarificationOfResponse >

</ useOfProceeds >

- < signatureBlock >

< authorizedRepresentative > false </ authorizedRepresentative >

- < signature >

< issuerName > FSX Industrial 34, DST </ issuerName >

< signatureName > William P. Dioguardi </ signatureName >

< nameOfSigner > William P. Dioguardi </ nameOfSigner >

< signatureTitle > Executive Chairman </ signatureTitle >

< signatureDate > 2025-12-31 </ signatureDate >

</ signature >

</ signatureBlock >

</ offeringData >

</ edgarSubmission >