Saturday, April 18, 2015

Capital Square Realty Advisors Completes DST Investment Offering of Medical Office Building Portfolio in Texas and South Carolina


Louis Rogers
RICHMOND, VA – Capital Square Realty Advisors, LLC announced that its Delaware Statutory Trust investment offering, MOB Portfolio I, DST, comprised of two medical office buildings in Houston, Texas and Gaffney, S.C., has been fully subscribed by investors.

“This portfolio includes two quality medical office buildings 100 percent net leased on a long-term basis to stable tenants,” said Louis Rogers, founder and chief executive officer of Capital Square Realty Advisors. “This is Capital Square’s 11th sponsored DST offering to be fully subscribed by investors.  

"We are pleased to provide investors with the many benefits of owning investment-grade real estate in the medical sector through the DST structure.”

The single-story building located at 9551 Fannin St. in Houston is 100 percent leased to Mentis Neuro Rehabilitation.

 The second property in the portfolio, 722 Hyatt Street in Gaffney, S.C., is 100 percent leased to Novant Health and operates Novant Health Family Medicine and Novant Health Bone & Joint in the building.

Through a sublease to Spartanburg Regional Hospital, the building also houses Gibbs Cancer Center & Research Institute. Situated on 8.6 acres of land, the building was originally constructed in 1996 and underwent an expansion and renovation in 2009. In 2011, more than 5,500 square feet of space underwent further renovation and an additional 3,015 square feet was added to the building.

For a complete copy of the company’s news release, please contact:

Julie Leber
Spotlight Marketing Communications
949.427.5172, ext. 703

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