Property details
Chicago, illinois
Whole Foods
Investment type
Net Lease
Asset Class
Retail
Ownership Structure
Delaware Statutory Trust (DST)
Year Acquired
2009
Investment Summary
A 45,505 square foot retail property leased to Whole Foods. The property was a partial build-to-suit in 2006 that also includes a 163-space underground parking garage. The property is situated in Chicago’s Lakeview neighborhood, one of the city’s most populous and affluent communities.
Syndicated structured its acquisition as a Delaware Statutory Trust (DST) to accommodate investors completing a Section 1031 Exchange.