News

Property details

Naperville, ILlinois

Starbucks & FedEx Retail Center

Investment type

Net Lease

Asset Class

Retail

Ownership Structure

Tenancy-In-Common (TIC)

Year Acquired

2013

Investment Summary

A 6,800 square foot, two tenant retail property leased to Starbucks and FedEx in Naperville, Illinois. The property is situated on a heavily trafficked, signalized corner at Ogden Avenue and Naperville-Wheaton Road.

Syndicated structured its acquisition as a Tenancy-in-Common to accommodate investors completing a Section 1031 Exchange.

Property details

Atlanta, Georgia

Customs & Border Patrol (CBP)

Investment type

Net Lease

Asset Class

Office

Ownership Structure

LLC

Year Acquired

2013

Investment Summary

The US Customs and Border Patrol (CBP) is a 60,005 square feet office building leased to the GSA.

The property is strategically located directly across the street from Hartsfield Jackson International Airport in Atlanta.

Property details

Sullivan, Missouri

Walgreens Center

Investment type

Net Lease

Asset Class

Retail

Ownership Structure

Tenancy-In-Common (TIC)

Year Acquired

2013

Investment Summary

An approximately 20,682 square foot, single story, retail building, primarily leased to Walgreens. The property was originally operated by Strauser Drugs, a local pharmacy that was acquired by Walgreens in 2012.

Syndicated structured its acquisition as a Tenancy-in-Common (TIC) to accommodate investors completing a Section 1031 Exchange.

Property details

Bannockburn, ILlinois

NorthShore Health

Investment type

Net Lease

Asset Class

Medical

Ownership Structure

Tenancy-In-Common (TIC)

Year Acquired

2012

Investment Summary

The property consists of a 40,800 square foot medical office building leased to NorthShore University HealthSystem in Bannockburn, Illinois.

The property was originally developed in the 1970s as a commercial office building but underwent an extensive renovation in 2002-2003, which converted its use to medical.

Syndicated structured its acquisition as a Tenancy-in-Common (TIC) to accommodate investors completing a Section 1031 Exchange.

Property details

Homestead, Pennsylvania

Waterfront Shopping Center

Investment type

Value Add

Asset Class

Retail

Ownership Structure

Joint Venture

Year Acquired

2012

Investment Summary

Syndicated invested alongside M&J Wilkow in The Waterfront, an approximately 765,000 square foot regional shopping center located in Homestead (Pittsburgh), Pennsylvania.

Situated on 265 acres, the property stretches for 2 miles along the Monongahela River, across from the Squirrel Hill and Shadyside neighborhoods, and is approximately 7 miles southeast of the Pittsburgh central business district. The property consists of two components, a 358,704 square foot Power Center and a 405,987 square foot Lifestyle Town Center.