News

Property details

Flowserve

Investment type

Net Lease

Asset Class

Industrial

Ownership Structure

Delaware Statutory Trust (DST)

Year Acquired

2020

Investment Summary

The Property consists of a 110,102 square foot, two-story, light manufacturing building situated on an 8.1-acre parcel at 4015 Flowserve Way in Pasadena (Houston), Texas. Originally constructed in 2016, the Property was built pursuant to Flowserve’s specifications and houses its pumps manufacturing and servicing sector.

The Property contains 85,580 square feet of shop/manufacturing space, and two floors of office space that comprise the remaining approximately 23% of the total square footage. The building is 100% climate-controlled and features a 35’9” clear height, a manufacturing area, and grade-level loading capability. The manufacturing floor includes stations for hydro-cleaning and sand blasting machinery sent in for repair, a painting booth, a clean room for dust and particle control, a training area, stations for specialized calibration and repair, and a 30 foot pit with hydraulic lifts to enable Flowserve technicians to work on large equipment in a vertical position.

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

Property details

The Mansion

Investment type

Value Add

Asset Class

Multifamily

Ownership Structure

Joint Venture

Year Acquired

2023

Investment Summary

Syndicated Equities Group, LLC invested alongside Highgate Capital Group, LLC in The Mansion Apartments, a 550-unit garden-style apartment complex located in Independence (Kansas City), Missouri.

The Property is located at 2905 South Lee’s Summit Road in Independence, Missouri, which is an established residential area 10 miles (20 minutes) east of downtown Kansas City. The Property was constructed in 1989.

Property details

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

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

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.