Property details

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

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.

Property details

34th Street Parking Garage

Investment type

Value Add

Asset Class

Parking

Ownership Structure

Delaware Statutory Trust (DST)

Year Acquired

2023

Investment Summary

The Property consists of a 92-space garage situated just off the intersection of East 34th Street and 1st Avenue.

The NYU Hospital corridor is located one block east of the Property and is comprised of the NYU Grossman School of Medicine, Tisch Hospital (300 beds, 66 operating rooms), Kimmel Pavilion (374 beds, 30 operating rooms), and the Hassenfeld Children’s Hospital (102 pediatric beds) and the Ronald O. Perelman Center for Emergency Services (NYU Langone Emergency Department).