News & Insights

Bluerock Value Exchange Fully Subscribes $41.2 Million Diversified Industrial Portfolio III DST

June 03, 2025•2 min read

Bluerock Value Exchange (BVEX), a long-time, national sponsor of 1031 exchange and Delaware Statutory Trust (DST) investment programs, announced it has fully subscribed BR Diversified Industrial Portfolio III, DST (DIP III) program with $41.2 million in equity from third-party investors. Bluerock reported more than $2.7 billion in past and current 1031 exchange programs as of October 2024.

The unleveraged DIP III DST offering includes a highly diverse, six-property industrial sector portfolio with locations in the sunbelt featuring approximately 359,000 square feet of warehouse/distribution properties with nine distinct tenants.

DIP III seeks to provide investors with stable monthly cash flow pursuant to in-place, triple net leases to a diverse group of industrial tenants and the potential for capital appreciation due to high demand for industrial properties within highly sought-after infill locations coupled with the ability to drive future rent growth with current rents substantially below (approximately 30% on average) market rates. The program also provides investors with multiple options upon a future exit strategy event including 721 exchange (UPREIT) or subsequent cash-out / 1031 exchange optionality.

“We are pleased with the successful completion of our third diversified industrial portfolio DST representing more than $175 million in tax-deferred 1031 exchange investment. We believe industrial properties are best poised to deliver on investor’s objectives of capital preservation, stable cash flow, and high appreciation potential”, said Josh Hoffman, President of BVEX. “Most of the prestigious research firms forecast the industrial sector to generate the highest net operating income growth among all major real estate sectors through 2028, making it one of our highest conviction sectors for our investors,” added Hoffman.About Bluerock Value Exchange

Bluerock Value Exchange is a national sponsor of syndicated 1031-exchange offerings with a focus on Premier Exchange Properties™ that seek to deliver stable cash flows and potential for value creation. Bluerock has structured 1031 exchanges of more than $2.7 billion in total property value and 14 million square feet of property. Additional information can be found at bluerockexchange.com.

About Bluerock

Bluerock is a leading institutional alternative asset manager with more than $18 billion of acquired and managed assets headquartered in Manhattan 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 have helped launch leading private and public company platforms. Additional information can be found at bluerock.com.

Gerald F. "Jerry" Baker, III

Back to Blog

The information herein has been prepared for educational purposes only and does not constitute an offer to purchase or sell securitized real estate investments. Such offers are only made through the Sponsor’s Private Placement Memorandum (PPM) which is solely available to accredited investors and accredited entities. DST 1031 properties are only available to accredited investors (generally described as having a net worth of over $1 million dollars exclusive of primary residence) and accredited entities only. If you are unsure if you are an accredited investor and/or an accredited entity, please verify with your CPA and Attorney.

There are material risks associated with investing in DST properties and real estate securities including liquidity, tenant vacancies, general market conditions and competition, lack of operating history, interest rate risks, the risk of new supply coming to market and softening rental rates, general risks of owning/operating commercial and multifamily properties, short term leases associated with multi-family properties, financing risks, potentially adverse tax consequences, general economic risks, development risks, long hold periods, and potential loss of the entire investment principal. Potential cash flows/returns/appreciation are not guaranteed and could be lower than anticipated. Diversification does not guarantee a profit or protect against a loss in a declining market. It is a method used to help manage investment risk. Because investor situations and objectives vary this information is not intended to indicate suitability for any particular investor. This material is not to be interpreted as tax or legal advice. Please speak with your own tax and legal advisors for advice/guidance regarding your particular situation.

Securities offered through Aurora Securities, Inc. (ASI), member FINRA/SIPC. GFB Real Estate Investments is independent of ASI. To access Aurora Securities’ Form Customer Relationship Summary (CRS), please click HERE.

GFB Real Estate Investments and ASI do not offer legal or tax advice. Please consult the appropriate professional regarding your individual circumstances.

This site is published for residents of the United States only. Representatives may only conduct business with residents of the states and jurisdictions in which they are properly registered. Therefore, a response to a request for information may be delayed until appropriate registration is obtained or exemption from registration is determined. Not all services referenced on this site are available in every state through every representative listed.