Syndicated Equities recently completed its acquisition of a brand new, free-standing Goodwill retail and donation center leased to Goodwill Industries of North Florida.
The property consists of a 16,446 square foot building located on the Southwest side of Jacksonville, Florida. Goodwill Industries of North Florida occupies 100% of the property pursuant to a new, long term lease with scheduled rent increases. Syndicated believes that the Property will provide investors with consistent cash flow from a tenant that is providing an important service and has a strong financial track record, including maintaining rental payments during the recent COVID-19 shutdown.
Syndicated Equities acquired the property outright and structured the acquisition to accommodate investors completing tax-deferred 1031 exchanges along with accredited cash investors. The structure of the investment is a Delaware Statutory Trust.
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 $4 billion of total asset value.
For more information please visit www.syneq.com or call (312) 640-9020