Subsequent Events (Details)	Mar. 20, 2024 USD ($) ft² a $ / shares shares	Mar. 19, 2024 USD ($) $ / shares shares	Aug. 01, 2023 USD ($)	Dec. 31, 2023 USD ($) $ / shares shares	Jul. 31, 2023	Dec. 31, 2022 $ / shares shares
Subsequent Event [Line Items]
Threshold amount of NAV not held by company				$ 500,000,000
Reimbursement term after commencement of offering				1 year	1 year
Common stock, par value (in dollars per share) | $ / shares				$ 0.01		$ 0.01
Common stock authorized for issuance (in shares) | shares				2,100,000,000		1,000,000,000
Common Stock Class E
Subsequent Event [Line Items]
Common stock, par value (in dollars per share) | $ / shares				$ 0.01		$ 0.01
Common stock authorized for issuance (in shares) | shares				100,000,000		0
Related Party | Common Stock Class E | Private Placement
Subsequent Event [Line Items]
Commitment to purchase shares			$ 200,000,000
Subsequent Event
Subsequent Event [Line Items]
Threshold amount of NAV not held by company		$ 500,000,000
Reimbursement of advance for offering expenses, term, after break of escrow		1 year
Number of monthly installments		60 months
Preferred and common stock, authorized (in shares) | shares	2,300,000,000
Common stock, par value (in dollars per share) | $ / shares	$ 0.01
Common stock authorized for issuance (in shares) | shares	2,200,000,000
Subsequent Event | Common Class A-I
Subsequent Event [Line Items]
Common stock authorized for issuance (in shares) | shares	50,000,000
Subsequent Event | Common Class A-II
Subsequent Event [Line Items]
Common stock authorized for issuance (in shares) | shares	50,000,000
Subsequent Event | Class E Units | Private Placement
Subsequent Event [Line Items]
OP units issued in sale of units (in units) | shares		6,220,000
Purchase price of units sold		$ 62,200,000
Price per unit (in dollars per unit) | $ / shares		$ 10.00
Subsequent Event | Related Party | Common Class A-I
Subsequent Event [Line Items]
Management fee, percent of NAV		0.50%
Subsequent Event | Related Party | Common Class A-II
Subsequent Event [Line Items]
Management fee, percent of NAV		0.90%
Subsequent Event | Related Party | Common Stock Class E | Private Placement
Subsequent Event [Line Items]
Commitment to purchase shares		$ 200,000,000
Price per unit (in dollars per unit) | $ / shares		$ 10.00
Subsequent Event | Georgetown Property
Subsequent Event [Line Items]
Deposit under purchase and sale agreement	$ 1,500,000
Subsequent Event | Georgetown Property | Related Party
Subsequent Event [Line Items]
Closing costs advanced by adviser	$ 103,602
Subsequent Event | Georgetown, Texas | Georgetown Property | Exeter Property Group Advisors, LLC
Subsequent Event [Line Items]
Term of property management agreement	1 year
Notice of termination required for property management agreement	30 days
Subsequent Event | Georgetown, Texas | Georgetown Property | Manufacturing and Distribution Warehouse Facility
Subsequent Event [Line Items]
Area of real estate property | ft²	449,642
Purchase price of real estate	$ 60,932,800
Subsequent Event | Georgetown, Texas | Georgetown Property | Land and Land Improvements
Subsequent Event [Line Items]
Area of real estate property | a	55
Percent leased	100.00%