Author: Katie Donovan

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.

Property details

Del City, OKlahoma

Walgreens

Investment type

Net Lease

Asset Class

Retail

Ownership Structure

Tenancy-In-Common (TIC)

Year Acquired

1997

Investment Summary

Syndicated acquired a free-standing Walgreens located in Del City, a suburb of Oklahoma City.

Syndicated structured its acquisition as a Tenancy-in-Common (TIC) to accommodate investors completing a Section 1031 Exchange.

Property details

Chicago, illinois

Poetry Garage

Investment type

Value Add

Asset Class

Parking

Ownership Structure

Tenancy-In-Common (TIC)

Year Acquired

2002

Investment Summary

Located at the southwest corner of Madison and Wells Street in the Loop, the 385,310 square foot garage includes 1,165 parking spaces and 19,006 of ground floor retail. Syndicated acquired the property alongside Hammerschlag, one of the premiere parking operators in Chicago.

Syndicated structured its acquisitions as a Tenancy-in-Common to accommodate investors completing a Section 1031 Exchange.

Syndicated Equities Sells NorthShore Medical Office Building

Syndicated Equities is pleased to announce the sale of a 40,800 SF medical office building that is 100% net leased to NorthShore University HealthSystem.

Syndicated Equities recently completed the sale of a property leased to NorthShore University HealthSystem located at 2151 Waukegan Road, Bannockburn, IL. Syndicated originally acquired this asset in December of 2012 and structured its acquisition to accommodate investors completing a Section 1031 exchange. After 10 years of ownership, the property was sold, resulting in an approximate 1.83x equity multiple 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 $2 billion of total asset value.

For more information please visit www.syneq.com or call (312) 640-9020

Syndicated Equities is pleased to announce the sale of a 212-unit apartment community located in Gaithersburg, Maryland.

Syndicated Equities recently completed the sale of the Walker House apartments, a 212-unit apartment community located at 18700 Walkers Choice Road Gaithersburg, Maryland on March 28, 2022. The property consists of 16 garden-style units and a 196-unit high rise. Syndicated acquired the property in May of 2018 in a joint venture with Urban Investment Partners, a long-standing Washington, DC based owner, developer, and operator of multifamily properties. After executing on its value-add improvement plan, Syndicated and Urban Investment Partners sold the property, which resulted in an equity multiple of 1.6x and a 13.61% internal rate of return for Syndicated’s investors.

Syndicated Equities provides accredited investors and family offices 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 $2 billion of total asset value.

For more information please call (312) 640-9020