Property details
Pearland, Texas
Merit Medical
Investment type
Net Lease
Asset Class
Industrial
Ownership Structure
Delaware Statutory Trust (DST)
Year Acquired
2017
Investment Summary
A 95,000 square foot industrial facility that is leased to Merit Medical Systems. The single story building was constructed specifically for Merit and is utilized for medical device manufacturing.
Syndicated structured its acquisitions as a Delaware Statutory Trust (DST) to accommodate investors completing a Section 1031 Exchange.
