Syndicated Equities Acquires Heartland Payment Systems Corporate Headquarters

Syndicated Equities is pleased to announce the acquisition of the Heartland Payment Systems Corporate Headquarters located in Oklahoma City, Oklahoma.

The property is 100% net leased to Heartland Payment Systems, a financial technology company focused on efficient and secure payment processing and payroll services. Constructed in 2020 as a build-to-suit headquarters for Heartland Payment Systems, the approximately 111,500 square foot, Class A office building consists of seven stories, each with an approximately 15,928 square foot floor plate. The property is situated in Automobile Alley, one of the city’s to destinations for shopping, dining, art, and nightlife.

Syndicated acquired the property outright and structured its acquisition in a Delaware Statutory Trust (DST) to accommodate investors completing 1031 tax deferred exchanges along with accredited cash investors. The acquisition was partially funded with a loan from Old Second National Bank and Gateway First Bank. Matt McCulloch, Managing Partner with Syndicated, noted “Now, more than ever, we believe that consistent cash flow from an investment-grade tenant on a long-term lease is an excellent position to take amidst current market volatility.”

Syndicated Equities provides accredited investors and family offices 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 $2 billion of total asset value.

For more information please visit www.syneq.com or call (312) 640-9020