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OpenNet lease in California

BREX Net Lease Data Center I DST

Sponsored by Brookfield

255 Caspian Drive is a Tier-III single-tenant data center facility located in Sunnyvale, California, in the heart of Silicon Valley—one of the country’s leading data center markets with limited supply.

BREX Net Lease Data Center I DST

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Minimum investment
$100,000
Yr 1 distribution
4.37%
Avg distribution
4.98%
Projected hold
5 yrs
Offering size
$98M
Equity raise
$59M
Loan-to-value
39.8%
721 exit
Mandatory

Projected distributions by year

Capital structure

Equity
$58,979,841
Debt
$39,000,000
Total
$97,979,841

Overview

255 Caspian Drive is a Tier-III single-tenant data center facility located in Sunnyvale, California, in the heart of Silicon Valley—one of the country’s leading data center markets with limited supply.

Leased to Equinix, LLC, a wholly owned subsidiary of Equinix, Inc (S&P: BBB+) (“Equinix”), for a remaining term of approximately 9 years on a fully extended basis, 255 Caspian Drive features 4.4% annual rental rate increases and a net lease structure, providing contractual growing cash flows and inflation protection.

Offering documents 9

Projected distributions are the sponsor's estimates of annual cash flow on invested equity. They are not guaranteed, may change or stop, and may include a return of capital. LTV is the offering's debt divided by its total capitalization. Information reflects my offering records as of October 28, 2026 and may have changed. This page is not an offer to sell or a solicitation of an offer to buy any security; offers are made only through the offering documents to eligible investors.

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