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HREX 10, DST

Hines · 1031 DST (multi-property, master lease)

Program Overview

1031 DST (multi-property, master lease)
HREX 10, DST
Peer Group Filters
Objectives
IncomeTax AdvantagedDiversification
Asset Class
Real Estate
Vehicle
DST
Single / Multi Asset
Multi-Asset
Sponsor/Manager
Asset Class
Real Estate
Issuer
HREX 10, DST
Issuer Legal Structure
Delaware Statutory Trust
Program Life Structure
Finite
Program Hold Period
Indeterminate
Strategy Risk/Return Profile
Core
Managing Broker-Dealer
Scale
10 properties Six Operating Trusts; ten buildings or sites incl. five self-storage · 533,505 sq ft Commercial NRA: Liberty Station, Upton Crossing, WGN Studios
Tax Opinion
“Should” Level 1031 exchange eligibility · subject to stated assumptions
Target Offering
$725,171,159
Minimum Investment
$250,000
Beneficial Interests (Types T, S, D, I) · waivable
Strategy Overview

Holds six stabilized properties through Operating Trusts: luxury apartments in Atlanta and Providence, an office campus in San Diego, five self-storage facilities near Nashville, a logistics property north of Boston and the WGN-TV studios in Chicago. All are leased on a 10-year triple-net master lease to an affiliate of Hines Global Income Trust, with fixed rent rising 1.5% a year and a guaranty from its operating partnership. Investors receive monthly distributions. Exit is by sale or by the operating partnership's option to acquire all Interests for OP Units.

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