Author: Jenna Rivera

Syndicated recently acquired its 11th asset in the Twin cities, a 173,364 square foot portfolio of office buildings primarily leased to Trimble, Inc. (S&P: BBB-). Trimble has occupied space at this location since 2006 and has since expanded twice, eventually becoming the anchor tenant and branding this as their Mobility & Transportation headquarters.

This investment will provide investors with an attractive cash-on-cash return from an investment grade tenant on a new 10-year lease in a growing submarket of Minneapolis.

The acquisition was structured to accommodate investors completing a 1031 exchange.

Syndicated Equities recently completed its preferred equity investment for the acquisition of the Hilton DoubleTree and Embassy Suites (Hilton) hotels in Rosemont (Chicago MSA), Illinois.

The properties are strategically located along River Road, the primary artery serving Rosemont’s entertainment, office, and shopping districts, and are approximately one mile from O’Hare International Airport. As part of the acquisition, new franchise agreements were secured with Hilton.

Syndicated Equities acquired the property in a joint venture alongside Nath Companies, a Minneapolis-based owner and operator of hotels, restaurants, and multifamily assets throughout the Midwest. Nath will serve as the property and asset manager.

Syndicated Equities provides individuals with institutional quality, commercial real estate investments. Since 1986, the firm has developed in expertise in co-investment ownership, net lease brokerage services, global real estate opportunity funds, and more recently, qualified opportunity zones.
For more information call (312) 640-9020 or 1-888-SEC-1031.

SYNDICATED EQUITIES GROUP
350 N LASALLE STREET, SUITE 800
CHICAGO, IL 60654
(312)640-9020

FOR: Syndicated Equities Group
CONTACT: Anika Allen
(312) 640-9017

FOR IMMEDIATE RELEASE: Syndicated Equities acquires property leased to Intermediate School District #917 (9015 Broderick Blvd., Inver Grove Heights, MN)
(Chicago, February 28, 2019) Chicago-based Syndicated Equities Group, a commercial real estate investment firm, recently completed its acquisition of the Concord Education Center, a 56,202 square foot public school facility located at 9015 Broderick Boulevard in Inver Grove Heights, Minnesota.
The property is 100% leased to Intermediate School District #917 (Moody’s: A2), an “overlay” district that receives funding from and provides services to nine independent school districts in the Twin Cities area. Intermediate School District #917 was established in the 1970’s with a focus on special education, alternative learning, and career and technical training. Annually, over 1,900 students receive full- or part-time education through Intermediate School District #917, which employs more than 300 education professionals throughout 25 facilities. The Concord Education Center just opened this school year with a new 15-year, net lease with 1.5% annual rent increases.
Syndicated Equities acquired the property outright and structured the acquisition to accommodate investors completing tax-deferred 1031 exchanges along with accredited cash investors. Financing was provided by Wintrust Bank out of Chicago.
Syndicated Equities provides individuals with access to institutional quality, commercial real estate investments. Since 1986, the firm has developed an expertise in
2
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 call (312) 640-9020 or 1-888-SEC-1031.
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