Tag: acquisition

Property details

Glendale, wisconsin

Johnson Controls Engineering Lab & Innovation Center

Investment Type

Net Lease

Asset Class

Industrial/Office

Ownership Structure

Delaware Statutory Trust (DST)

Year Acquired

2026

Investment Summary

An approximately 109,500 square foot engineering lab and innovation center that is 100% leased to Johnson Controls, Inc. in Glendale, Wisconsin.

Syndicated acquired the Property in a Delaware Statutory Trust (DST) to accommodate both cash and 1031 exchange investors.

Property details

tampa, florida

Labcorp Testing Facility & Clinic

Investment Type

Net Lease

Asset Class

Industrial/Medical

Ownership Structure

Delaware Statutory Trust (DST)

Year Acquired

2025

Investment Summary

An approximately 95,000 square foot, mission critical laboratory testing facility and clinic 100% leased to Labcorp in Tampa, Florida.

Syndicated acquired the Property in a Delaware Statutory Trust (DST) to accommodate both cash and 1031 exchange investors.

Property details

minnetonka, minnesota

Legrand AV Regional Headquarters

Investment Type

Net Lease

Asset Class

Industrial

Ownership Structure

Delaware Statutory Trust (DST)

Year Acquired

2025

Investment Summary

An approximately 98,500 square-foot, mission-critical industrial, research and corporate office facility that is 100% leased to Legrand AV Inc. and guaranteed by Legrand Holding, Inc.

Syndicated acquired the Property in a Delaware Statutory Trust (DST) to accommodate both cash and 1031 exchange investors.

Property details

eden prairie, minnesota

Solventum Medical Device Manufacturing

Investment Type

Net Lease

Asset Class

Industrial

Ownership Structure

Delaware Statutory Trust (DST)

Year Acquired

2025

Investment Summary

Two adjacent medical device manufacturing facilities totaling approximately 110,900 square feet that are 100% net leased to Solventum Corporation (NYSE: SOLV), which is the former healthcare division of 3M.

Syndicated acquired the Property in a Delaware Statutory Trust (DST) to accommodate both cash and 1031 exchange investors.

Property details

burbank, washington

Frito-Lay Distribution Center

Investment type

Net Lease

Asset Class

Industrial

Ownership Structure

Delaware Statutory Trust (DST)

Year Acquired

2025

Investment Summary

An approximately 107,200 square foot industrial facility that serves as a distribution warehouse for Frito-Lay in Burbank, Washington.  Frito-Lay manufactures and markets chips and snack foods and has an approximately 60% share of the U.S. chip market and 35% share of the global market. Frito-Lay is a wholly-owned subsidiary of PepsiCo and accounted for 27% or $24.9 billion of its total revenue in 2023. The Property serves as a regional distribution center for Frito-Lay products.

Syndicated acquired the Property in a Delaware Statutory Trust (DST) to accommodate both cash and 1031 exchange investors.