Hines Private Wealth Solutions Closes $199.8 Million Industrial DST
Hines Private Wealth Solutions LLC has successfully closed HREX 7, DST, a $199.8 million Delaware statutory trust. Launched in May of this year, the original offering amount was nearly $209.6 million.
Announced by global real estate investment manager Hines, HREX 7 DST includes Georgia International Trade Center, which features two Class A industrial facilities totaling 2.2 million square feet in Savannah. One facility is fully leased to a Fortune 50 home improvement retailer, and the other is fully leased to a global third-party logistics provider. The site is located approximately 10 miles from the Port of Savannah, which the company said is one of the best globally connected ports in the United States and the fastest growing port on the East Coast.
In total, Hines Private Wealth Solutions has completed more than $1 billion across seven DST offerings from qualified investors interested in tax-advantaged investment opportunities, since the launch of the Hines Real Estate Exchange platform in 2022
“The successful completion of more than $1 billion in DST offerings reflects the strength of our platform and our ability to deliver high-quality, tax-advantaged investments,” said Alfonso Munk, co-head of investment management at Hines. “HREX 7 DST exemplifies this success and reinforces the long-term appeal of the industrial sector – particularly in a high-demand logistics corridor like Savannah.”
In September 2025, AltsWire reported the successful closing of HREX 6, DST, a nearly $246.5 million DST. Launched in January of this year, the original offering amount was just over $255.4 million. That DST’s assets include two multifamily properties near Northwestern University in Illinois, and the University of Maryland, respectively.
The assets were sourced by Hines Global Income Trust Inc., or HGIT, which had a $5.65 billion portfolio as of Sept. 30, 2025, and is diversified by geography and property type with a focus on dynamic sectors and markets.
Over the summer, HGIT acquired a 100% leased retail property located in Houston, Montrose Collective, comprised of approximately 189,212 square feet of net rentable area. The contract purchase price of Montrose Collective was approximately $137.5 million, exclusive of transaction costs and closing prorations.
The REIT’s total net asset value was approximately $2.83 billion as the end of September, a month-over-month increase of 0.55% from Aug. 31’s nearly $2.82 billion value. Hines Global Income Trust commenced operations in 2014 and invests in commercial real estate investments located in the United States and internationally.
Hines is a leading global real estate investment manager, which owned and operated $91.8 billion of assets across property types as of June 30, 2025.
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