Category: Asset Class

Property details

Southfield, MI

Henry Ford OptimEyes

Investment type

Net Lease

Asset Class

Medical

Ownership Structure

Tenancy-In-Common (TIC)

Year Acquired

2016

Investment Summary

The property consists of a one-story, 20,514 square foot medical/retail facility that is leased to Henry Ford OptimEyes in Southfield, Michigan.

Constructed in 2015, the property was a build-to-suit for Henry Ford OptimEyes and is situated on a 2.77-acre parcel at the intersection of Southfield Road and Edwards Avenue, one block north of 12 Mile Road. Southfield Road is one of the primary commercial corridors servicing the area.

Henry Ford Health System is a comprehensive, integrated, non-profit healthcare organization that consists of five hospitals, 30 general medical centers, seven specialized medical facilities, and 20 OptimEyes locations across Michigan.

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

Property details


Canonsburg, Pennsylvania

275 Technology

Investment type

Value Add

Asset Class

Office

Ownership Structure

Joint Venture

Year Acquired

2016

Investment Summary

Syndicated invested alongside M&J Wilkow in 275 Technology, a vacant, Class A, 107,872 square foot office building located in suburban Pittsburgh.

The property is situated in Southpointe office market, an approximately 600-acre office park that is home to an array of energy, healthcare, and technology corporations, including Chesapeake, Siemens, UBS, and CVS owned affiliates.

Property details

Portage & battle creek, michigan

Western Michigan Multifamily Portfolio

Investment type

Value Add

Asset Class

Multifamily

Ownership Structure

Joint Venture

Year Acquired

2016

Investment Summary

Syndicated invested alongside Highgate Capital Group in a 278-unit portfolio of garden style apartment buildings located in Portage and Kalamazoo, Michigan.

Property details

Chicago, ILlinois

River North Retail Development

Investment type

Development

Asset Class

Retail

Ownership Structure

Joint Venture

Year Acquired

2016

Investment Summary

Wells & Huron is an 18,240 square foot retail redevelopment along an established corridor in Chicago’s River North neighborhood. The property is currently improved with a 16,500 square foot multi-tenant structure.

Syndicated invested alongside a joint venture comprised of MAC Management and Northpond, to acquire and redevelop the property. .

Property details

Phoenix, Arizona

Kindred Healthcare

Investment type

Net Lease

Asset Class

Medical

Ownership Structure

Delaware Statutory Trust (DST)

Year Acquired

2016

Investment Summary

The property consists of a three-story, 81,371 square foot medical building located on a 2.78 acre parcel at 1880 East Van Buren Street in Phoenix, Arizona, customized to specifications requested by Kindred.

The Property features 120 beds, each in a private room, and provides intensive, short-term rehabilitation therapy in bariatrics, orthopedics, cardiology, and burn care. At ground level, the Property has an open courtyard for patients and guests including outdoor rehabilitation and a dedicated outdoor therapy garden. The Property will also include a dining hall, spa, and physical therapy and rehabilitation suites.

Syndicated structured its acquisition as a Delaware Statutory Trust (DST) to accommodate investors completing a Section 1031 Exchange.