Property details

Whole Foods

Investment type

Net Lease

Asset Class

Retail

Ownership Structure

Delaware Statutory Trust (DST)

Year Acquired

2009

Investment Summary

A 45,505 square foot retail property leased to Whole Foods. The property was a partial build-to-suit in 2006 that also includes a 163-space underground parking garage. The property is situated in Chicago’s Lakeview neighborhood, one of the city’s most populous and affluent communities.

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