The Trust owns five single-tenant industrial properties (about 547,500 square feet) in Jacksonville, FL (two), Bridgeton, MO, Prince George, VA and Huntsville, AL, bought all cash for $48.4 million and master leased to a Sponsor affiliate. The subtenants are Woodsman (two sites), BlueLinx, NVR and DESHAZO on absolute and triple net leases. The plan is to hold, collect rent and exit in about seven to ten years through a sale or a Section 721 exchange into the operating partnership of Bluerock Industrial Growth REIT.