Bluerock: Diversified Industrial Portfolio 6 DST
Investment Overview
BR Diversified Industrial Portfolio 6, DST (the “Trust”) represents an attractive investment opportunity in a diversified portfolio of industrial properties. The portfolio features an attractive combination of investment-grade and credit rated, publicly traded and privately held, global and large national tenants with in-place, long-term, triple net leases. The portfolio is positioned for significant value creation as a result of the high projected demand for industrial properties in desirable locations within high growth markets and positioned along major transportation arterials and, according to Costar, rents substantially below (21% on average) current market rates. The Properties are located in the Sunbelt, home to nine of the top 15 markets in the Marcus & Millichap 2025 National Industrial Index, and according to Costar, have projected cumulative rent growth of approximately 23% on average through 2029. The Trust aims to provide investors with stable monthly cash flow and the potential for capital appreciation.
Offering Strengths
The portfolio provides stable, long-term cash flow with investment-grade and global corporate tenants such as Amazon and TE Connectivity. Recent renovations and expansions at multiple properties reduce near-term Capex needs and enhance functionality.
Offering Weaknesses
Several assets are located in secondary or tertiary markets, which may face weaker tenant demand compared to primary industrial hubs. Highway 501 presents short-term rollover risk.
Key Facts
Sponsor: Bluerock
Structure: Delaware Statutory Trust (DST)
Location(s): FL, NC, SC
Property Type(s): Industrial
Assumable Loan: No Loan; All-Cash
Estimated Hold Period: 7 Years
Key Features
1031 Exchange: Yes
721 Exchange/UPREIT: Yes; Investor Option
Cash-Out Refinance: No
Income Guarantee: No
Distribution Forecast
| Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Investor Cash Flow | 4.78% | 4.88% | 5.03% | 5.19% | 5.36% | 5.53% | 5.71% | 5.71% | 6.07% | 6.27% |
Sponsor Overview
Bluerock is a leading institutional alternative asset manager based in New York with regional offices across the U.S. Bluerock principals have a collective 100+ years of investing experience with more than $120 billion real estate and capital markets experience and manage multiple well-recognized real estate private and public company platforms. Today, Bluerock has more than $19 billion in acquired and managed assets and offers a complementary suite of public and private investment programs, with both short and long-term goals, to individual investors seeking solutions aimed at providing predictable income, capital growth, and tax benefits.
Strong Historical Performance: 23.9% Annualized Return, 2.1x Equity Multiple, $19.5B+ Assets Under Management