Altnvest
LibraryBREX Net Lease Data Center I DST
Back to Offering

Offering Summary

Processed

BREX Net Lease Data Center I DST

BREX Net Lease Data Center I DST is raising $58,979,841 in equity for a data center property located in Sunnyvale, California. The offering price is $97,979,841 with an appraisal value of $91.4 million as of April 30, 2026.

Capital structure

Offering Equity$30.36M50.6% · $121,449 / unit
Offering Debt$29.64M

Offering price

$60.0M

Price / unit

$240,000

Units

250

Property age

12 yrs

Projected distribution rate

Avg 6.75%
Yr 1Term avg.
Yr 1 4.37%Term avg. 5.00%

Year-one distribution of 6.25% stepping to 7.20% by year seven.

The property

Sunnyvale Data Center Asset

$90,250,000 acquisition price

BREX Net Lease Data Center I DST

Data Center

The Property includes two 20,000-gallon diesel underground storage tanks that were installed on August 1, 2000.

Sunnyvale, California

Sunnyvale, California

Data Center

$90,250,000

100.0% of portfolio

Seller
Property manager
Brookfield Real Estate Exchange LLC
Sponsor

Brookfield Real Estate Exchange LLC

Asset Type

Data Center

Location

Sunnyvale, California

Units

Property Age

The Property includes two 20,000-gallon diesel underground storage tanks that were installed on August 1, 2000.

Offering Price

$97,979,841

Offering Debt

Offering Equity

$58,979,841

Offering LTV

39.8%

Income % (Yr. 1)

4.37%

Avg. Income (Full Term)

5%

Minimum Cash Investment

Minimum 1031 Investment

Strengths

  • Data center asset in Sunnyvale, CA
  • $91.4M Cushman & Wakefield appraisal

Concerns

  • Appraisal covers 93.24% of the offering price
  • 5% load on offering price