Syndicated Equities is pleased to announce the sale of a 95,480 square foot medical manufacturing facility that is 100% net leased to Merit Medical Systems.
(Chicago, August 2021) Syndicated Equities recently completed sale of a Merit Medical Systems property located at 14646 Kirby Drive in Pearland, Texas. Syndicated originally purchased this asset in 2017 and structured its acquisition to accommodate investors completing a 1031 exchange. After 4.5 years of ownership, the property was sold, resulting in an approximately 18% internal rate of return for investors.
Syndicated Equities provides individuals with institutional quality, commercial real estate investments. Since 1986, the firm has developed an expertise in co-investment ownership, net lease brokerage services, global real estate opportunity funds, and more recently, qualified opportunity zones. To date, Syndicated Equities has made over 100 investments representing over $500 million of equity and $4 billion of total asset value.
For more information please call (312) 640-9020