# BR HPE Zero Coupon, DST

> BR HPE Zero Coupon, DST (the “Trust”) represents an attractive opportunity in a newly renovated, class A, eight-story, 340,496 square foot office building situated on 13.25 acres located in the thriving Silicon Valley and San Jose Metro.

Source: https://baker1031.com/invest/br-hpe-zero-coupon-dst


## Key terms

| Term | Value |
|---|---|
| Status | Open |
| Property type | Net lease |
| Sponsor | Bluerock |
| Location | California |
| Minimum investment | $100,000 |
| Year-1 projected distribution | 0.00% |
| Average projected distribution | 0.00% |
| Projected hold | 10 yrs |
| Offering size | $379,967,245 |
| Equity raise | $69,986,627 |
| Debt | $309,980,618 |
| Loan-to-value | 81.6% |
| 721 exit | Mandatory |

## Projected distributions by year

| Year | Projected distribution |
|---|---|
| Year 1 | 0.00% |
| Year 2 | 0.00% |
| Year 3 | 0.00% |
| Year 4 | 0.00% |
| Year 5 | 0.00% |
| Year 6 | 0.00% |
| Year 7 | 0.00% |
| Year 8 | 0.00% |
| Year 9 | 0.00% |
| Year 10 | 0.00% |

## Overview

BR HPE Zero Coupon, DST (the “Trust”) represents an attractive opportunity in a newly renovated, class A, eight-story, 340,496 square foot office building situated on 13.25 acres located in the thriving Silicon Valley and San Jose Metro. The Innovation Way Property (the “Property”) consists of high-quality office space, proof-of-concept lab and server space with full suite of tenant amenities with more than $100 million of immediate capital investment by tenant for building modernization and upgrades. The Property is leased to Hewlett Packard Enterprise (NYSE: HPE) (“HPE”), which has an investment grade rating of BBB (S&P). The HPE lease has an initial 20.5-year absolute net lease term, with additional lease extension options, no landlord responsibilities, 3% annual rent increases, no termination or contraction options and is fully guaranteed by HPE.

## Offering documents

Available to registered investors:

- Bluerock - BR HPE Zero Coupon, DST - Brochure (PDF)
- Bluerock - BR HPE Zero Coupon, DST - IQPA (PDF)
- Bluerock - BR HPE Zero Coupon, DST - PPM (PDF)
- Bluerock - BR HPE Zero Coupon, DST - Presentation (PDF)
- Brochure (PDF)
- Presentation (PDF)
- PPM (PDF)
- IQPA (PDF)

Information reflects my offering records as of October 28, 2026 and may have changed. Projected distributions are the sponsor's estimates, are not guaranteed, may change or stop, and may include a return of capital. To request the offering documents, contact hello@baker1031.com or visit https://baker1031.com/invest/br-hpe-zero-coupon-dst.

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Securities are offered through Aurora Securities, Inc., member FINRA/SIPC. Baker 1031 Investments, LLC is independent of Aurora Securities, Inc. and is not a registered broker-dealer or investment adviser. This content is general education, not investment, tax, or legal advice, and is not an offer to buy or sell securities. Offers are made only through the offering documents to eligible investors, generally accredited investors. DST interests are illiquid, distributions are not guaranteed, and you can lose your entire investment.

Contact: Jerry Baker, Baker 1031 Investments · hello@baker1031.com · (415) 965-0552 · https://baker1031.com/contact