Commercial Tag: Sold

Property details

Laurel, Maryland

Johns Hopkins Physics Laboratory

Investment type

Net Lease

Asset Class

Office

Ownership Structure

LLC

Year Acquired

2011

Investment Summary

A 43,785 square foot office building leased to Johns Hopkins University in Laurel, Maryland. The property serves as an administrative office for the adjacent Johns Hopkins University Applied Physics Laboratory. The property was a build-to-suit for Johns Hopkins University and is set within the Montpelier Research Park

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.

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