# BREX Net Lease Data Center I DST

> 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.

Source: https://baker1031.com/invest/brex-net-lease-data-center-i-dst


## Key terms

| Term | Value |
|---|---|
| Status | Open |
| Property type | Net lease |
| Sponsor | Brookfield |
| Location | California |
| Minimum investment | $100,000 |
| Year-1 projected distribution | 4.37% |
| Average projected distribution | 4.98% |
| Projected hold | 5 yrs |
| Offering size | $97,979,841 |
| Equity raise | $58,979,841 |
| Debt | $39,000,000 |
| Loan-to-value | 39.8% |
| 721 exit | Mandatory |

## Projected distributions by year

| Year | Projected distribution |
|---|---|
| Year 1 | 4.37% |
| Year 2 | 4.66% |
| Year 3 | 4.89% |
| Year 4 | 5.29% |
| Year 5 | 5.70% |

## 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

Available to registered investors:

- Brookfield - BREX Net Lease Data Center I DST - Brochure (PDF)
- Brookfield - BREX Net Lease Data Center I DST - PPM (PDF)
- Brookfield - BREX Net Lease Data Center I DST - Property Supplement (PDF)
- Brookfield - BREX Net Lease Data Center I DST - Sample Settlement Statement (XLSX)
- Brochure (PDF)
- PPM (PDF)
- PPM and Property Supplement (Combined) (PDF)
- Property Supplement (PDF)
- Sample Settlement Statement (XLSX)

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/brex-net-lease-data-center-i-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