BREX Net Lease Data Center I DST recorded its first sale on August 3, 2026. The Form D filings since are the whole of the public record of demand for this offering.
Raise velocity, as Top1031 computes it, is the count of days from an offering's first sale to the date its Form D amendments show 50% of the ceiling sold, and again to 90%. This trust has crossed neither line. It therefore has no velocity figure, only a position on the way to one, and any reading of its pace at this stage is a reading of a very short filing record.
Filing | Date | Amount sold | Investors | Share of ceiling |
|---|---|---|---|---|
August 17, 2026 | $2,297,256 | 7 | 3.9% | |
August 27, 2026 | $4,464,226 | 12 | 7.6% | |
September 4, 2026 | $7,810,315 | 17 | 13.2% |
Term | Value |
|---|---|
Total offering amount | $58,979,841 |
Minimum investment | $100,000 |
No filing cuts the ceiling. The offering amount held at the same figure across the initial filing and both amendments, so this raise carries no downward amendment.
The comparison that frames the early figures is Brookfield's own record, set beside the market's.
Pace to milestone | Brookfield, prior programs | Market, 3,729 programs |
|---|---|---|
Median days to 50% | 137 | 17 |
Median days to 90% | 206 | 15 |
Read the right-hand column carefully. Those are two separate medians taken across a large program count, not the arc of any single raise; no offering reaches 90% of its ceiling in fewer days than it reached 50%. The left-hand column is thinner still, resting on a small set of prior programs rather than a long record. On those, Brookfield's median to half ran far longer than the market's. Whether this trust follows that history or breaks from it is not yet knowable from the filings.
What the numbers show is demand, in the narrow sense of dollars accepted and investors admitted by a filing date. They do not speak to the quality of the asset, the terms of the lease, or the eventual result for investors. A fast raise is a subscribed raise; a slow one is an unsubscribed raise; neither is a verdict. The latest amount sold is as of September 4, 2026, and the record since that date is silent.
The Form D itself carries no performance figures and identifies no property, tenant, or lease term. The trust's name says net lease and data center; the filing says neither. Sold under 506(b), the offering is closed to general solicitation, which means the pace above is the pace of a private selling channel and not of a publicly marketed raise. The rest is in a private placement memorandum that does not reach the EDGAR record.
The next amendment is the thing to read. Either it carries a date on which half the ceiling was sold, the first point at which this raise can be timed against the sponsor and market medians above, or it shows another increment short of that line. The day count comes from the filing, not from anywhere else.