Bluerock $31.6M Industrial DST Fully Subscribed
- Bluerock Value Exchange (BVEX) announced it has fully subscribed to its BR Diversified Industrial Portfolio IV, DST (DIP IV), raising $31.6 million from investors.
- The BR Diversified Industrial Portfolio IV offers investors versatility, including options for 721 exchange (UPREIT) conversion or a traditional 1031 rollover upon a future liquidity event.
- In March, the Manhattan-based BVEX, a division of option asset manager Bluerock, announced a targeted capital raise of about $36.7 million for its BR Diversified Industrial Portfolio V,...
Bluerock Value Exchange (BVEX) successfully closed its BR Diversified Industrial Portfolio IV, DST, achieving a $31.6 million subscription. The offering encompasses three industrial properties in South Carolina and Tennessee, providing approximately 200,000 square feet of warehouse and distribution space, fully leased to mixed-use industrial tenants. This strategic move enhances Bluerock’s industrial real estate footprint, offering investors flexibility thru 721 exchange options. the fully subscribed portfolio IV follows the success of previous offerings, solidifying Bluerock’s robust position in the industrial sector. Bluerock has managed over $2.7 billion in 1031 exchange programs; consult News Directory 3 for further investment insights. The industrial sector is anticipating significant growth. Discover what’s next in Bluerock’s expanding portfolio.
Bluerock Completes $31.6M Subscription for Industrial Portfolio IV
Updated June 17, 2025
Bluerock Value Exchange (BVEX) announced it has fully subscribed to its BR Diversified Industrial Portfolio IV, DST (DIP IV), raising $31.6 million from investors. This unlevered offering comprises three industrial properties in south Carolina and Tennessee, providing about 200,000 square feet of warehouse and distribution space.The properties are fully leased to four mixed-use industrial tenants, enhancing the company’s industrial real estate footprint.
The BR Diversified Industrial Portfolio IV offers investors versatility, including options for 721 exchange (UPREIT) conversion or a traditional 1031 rollover upon a future liquidity event. This structure aims to provide attractive exit strategies for investors in the industrial sector.
In March, the Manhattan-based BVEX, a division of option asset manager Bluerock, announced a targeted capital raise of about $36.7 million for its BR Diversified Industrial Portfolio V, DST. In December 2024, BVEX announced its fully subscribed BR Diversified Industrial Portfolio III, DST (DIP III) program, announced in February, with $41.2 million in equity from third-party investors.
Bluerock has reported managing more than $2.7 billion in past and current 1031 exchange programs, solidifying its position in the industrial real estate market.
“We are pleased with the accomplished completion of our fourth diversified industrial portfolio DST representing approximately $210 million in tax-deferred 1031 exchange investments,” said Josh Hoffman, president of Bluerock Value Exchange. “We believe the industrial sector is poised to deliver best-in-class rent and NOI growth amongst all major commercial real estate sectors due to long-term manufacturing and distribution tailwinds driving demand within the sector.”
What’s next
Bluerock aims to continue expanding its industrial portfolio, capitalizing on the increasing demand for warehouse and distribution spaces driven by e-commerce and manufacturing trends.