Category: News

 Syndicated Equities completed the acquisition of McGovern House, a luxury, Class A, 73-unit midrise apartment building in Highland Park, Illinois. Syndicated Equities structured the acquisition to accommodate investors completing tax-deferred 1031 exchanges along with accredited cash investors. 

The property consists of 73 units and is situated on 1.03 acres at the intersection of Central Avenue and McGovern Street in Highland Park, IL. Highland Park is an established community known for its lively downtown, beautiful parks, proximity to Lake Michigan, and countless restaurants and retailers. The submarket is considered one of the most sough-after markets for families as well as businesses given its proximity to downtown Chicago. Village Green will manage the property. 

Syndicated Equities recently completed its acquisition of a single-tenant, triple net leased Walgreens in Huntsville, Alabama.

(Chicago, October 2021) The property consists of an approximately 14,280 square foot single-story building 100% leased to Walgreen Co. (NASDAQ: WBA). Walgreens was founded in 1901 in Chicago, Illinois, and is one of the largest drugstore retail chains in the nation, serving approximately 8 million customers in stores and online each day.

Syndicated Equities acquired the property outright and structured the acquisition to accommodate investors completing tax-deferred 1031 exchanges along with accredited cash investors.  The structure of the investment is a Delaware Statutory Trust and financing was provided by Ameris Bank.

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

Syndicated Equities is pleased to announce the sale of a 20,514 square foot medical and retail facility that is 100% leased to Henry Ford Health System in Southfield, Michigan.

(Chicago, August 2021) Syndicated Equities recently completed the sale of a Henry Ford Health System – OptimEyes property located at 29350 Southfield Road in Southfield, Michigan. Syndicated purchased this asset in 2016 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 11.14% internal rate of return to 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

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

Syndicated Equities is pleased to announce the sale of a 13,905 square foot free-standing Walgreens located in Del City, Oklahoma.

Syndicated Equities recently closed on the sale of a Walgreens located at 4300 SE 29th Street in Del City, Oklahoma. Syndicated originally acquired this asset through a tenant-in-common structure on February 24, 1997 for $2,840,500 consisting of $790,500 in original equity and mortgage financing of $2,050,000. The loan was fully amortizing with a maturity date in early 2016 coinciding with the original lease expiration with Walgreens. During its ownership, Syndicated Equities paid off the original loan and negotiated two long term lease renewals in 2014 and 2021. After 24 years of ownership the property was sold resulting in a profitable outcome to 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.