Property details

Walgreens

Investment type

Net Lease

Asset Class

Retail

Ownership Structure

Delaware Statutory Trust (DST)

Year Acquired

2021

Investment Summary

The property consists of an approximately 14,280 square foot single-story building leased to Walgreens.

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

Property details

Goodwill

Investment type

Net Lease

Asset Class

Retail

Ownership Structure

Delaware Statutory Trust (DST)

Year Acquired

2020

Investment Summary

Goodwill Industries of North Florida, Inc. is a non-profit affiliate of Goodwill Industries International, which consists of 162 community-based, autonomous organizations in the United States and Canada.

Goodwill Industries of North Florida occupies 100% of the 16,446 square foot property, which is a brand new, ground-up construction built pursuant to Goodwill’s specifications.

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

Property details

Providence Pavilion

Investment type

Value Add

Asset Class

Retail

Ownership Structure

Joint Venture

Year Acquired

2019

Investment Summary

Syndicated invested alongside M&J Wilkow in a Publix anchored shopping center, consisting of 95,085 rentable square feet and 516 parking spaces.

Situated on 16.66 acres, the Property was originally developed in 2004. The Property is improved with three buildings, comprised of the primary shopping center and two outlots. The primary shopping center is anchored by Publix and a free-standing Walgreens located at the western portion of the center on an outlot.

Property details

Port Chester Shopping Center

Investment type

Value Add

Asset Class

Retail

Ownership Structure

Joint Venture

Year Acquired

2019

Investment Summary

Syndicated invested alongside M&J Wilkow in a 493,459 rentable square foot shopping center located in Port Chester, NY. Situated on 30 acres, the Property is anchored by Whole Foods and Target.

The Property is adjacent to Interstate 287, an auxiliary highway that runs through New York and New Jersey, and Interstate 95, a main US highway that runs along the east coast of the United States from Florida to Maine. Additionally, US Route 1/Boston Post Rd. borders the northwest portion of the Property, connecting the affluent communities of Rye, New York and Greenwich, Connecticut. Approximately 218,000 vehicles pass by the Property each day on these three roadways.

Property details

Cranberry Square

Investment type

Value Add

Asset Class

Retail

Ownership Structure

Joint Venture

Year Acquired

2018

Investment Summary

Syndicated invested alongside M&J Wilkow in the acquisition of Cranberry Square, a 299,818 square foot regional shopping center located approximately 18 miles from downtown Pittsburgh.

The property is leased to seven national tenants including Field & Stream, Best Buy, and Barnes and Noble. The property is shadow anchored by Walmart and Costco and is situated at Route 19 and Route 228, a prominent intersection that sees traffic counts in excess of 70,000 vehicles per day.