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Property details

Itasca, illinois

Option Care Health

Investment type

Net Lease

Asset Class

Medical

Ownership Structure

Delaware Statutory Trust (DST)

Year Acquired

2020

Investment Summary

The property is an approximately 50,000 square foot, newly constructed medical office/pharmaceutical facility in Itasca, Illinois leased to Option Care Health. Option Care Health is the nation’s leading provider of home and infusion services and is publicly traded (NASDAQ: OPCH). The property will serve as Option Care’s central U.S. compounding and specialty pharmacy, innovation center, and showroom.

Syndicated structured its acquisition as a Delaware Statutory Trust (DST) to accommodate investors completing a Section 1031 Exchange.

Property details

minneapolis, minnesota

Public Storage

Investment type

Development

Asset Class

Self Storage

Ownership Structure

Joint Venture

Year Acquired

2020

Investment Summary

Syndicated invested alongside Cogent Capital in the ground-up development of a Class A self-storage facility prominently located along Interstate 94 in Minneapolis, Minnesota. Once complete, the Property will consist of a 131,261 square foot, four-story (three floors plus a second-floor mezzanine), self-storage facility with 1,074 units. The new facility will have state-of-the-art technology, security, and design with an indoor, climate-controlled, drive-thru loading area.

Public Storage, the largest operator of storage facilities in the U.S., will manage daily operations at the property.

Property details

Jacksonville, florida

Goodwill

Investment type

Net Lease

Asset Class

Retail

Ownership Structure

Delaware Statutory Trust (DST)

Year Acquired

2020

Investment Summary

Goodwill Industries of North Florida, Inc. is a non-profit affiliate of Goodwill Industries International, which consists of 162 community-based, autonomous organizations in the United States and Canada.

Goodwill Industries of North Florida occupies 100% of the 16,446 square foot property, which is a brand new, ground-up construction built pursuant to Goodwill’s specifications.

Syndicated structured its acquisition as a Delaware Statutory Trust (DST) to accommodate investors completing a Section 1031 Exchange.

Property details

minnetonka, minnesota

Trimble Corporate Campus

Investment type

Net Lease

Asset Class

Office

Ownership Structure

Delaware Statutory Trust (DST)

Year Acquired

2020

Investment Summary

Trimble Corporate Campus is a 173,364 square foot, two-building office campus that is 100% leased. The anchor tenant, Trimble Inc., is an integrated technology and software provider that design and implements logistics solutions for major freight and moving companies. Trimble is a publicly traded, Fortune 1000 company with a Standard and Poor’s investment grade credit rating of BBB+. The property will serve as Trimble’s Mobility & Transportation headquarters.

Syndicated structured its acquisition as a Delaware Statutory Trust (DST) to accommodate investors completing a Section 1031 Exchange.

Property details

orlando, florida

Holiday Inn – Universal Orlando

Investment type

Value Add

Asset Class

Hospitality

Ownership Structure

Joint Venture

Year Acquired

2020

Investment Summary

Syndicated invested alongside InSite Development Group in a 10-story, 390-room, full-service hotel situated directly across the street from the entrance to Universal Studios in Orlando, Florida. Over the past three years, the property has achieved strong occupancy rates idue its location and accessibility via Interstate 4 and Florida State Road 435.

Upon acquisition, the property will undergo a property improvement plan to significantly upgrade and modernize the meeting rooms, common areas, and guest rooms, which will greatly enhance the guest experience and create additional value through higher room rates and hosting higher-rated group business.