 |
| Louis Rogers |
LOS ANGELES, CA – Capital
Square Realty Advisors, LLC announced its Delaware statutory trust offering,
CSRA 1530 W. Covina, DST, comprised of a 37,500-square-foot fitness facility in
Greater Los Angeles, has been fully subscribed by investors.
“This fitness facility is
on a long-term, triple net lease to 24
Hour Fitness, USA, a leading national fitness club operator,” said Louis Rogers, founder and chief
executive officer of Capital Square Realty Advisors.
“The property benefits from a desirable
location in Greater Los Angeles and a number of amenities for club patrons. We
are pleased to complete this DST, the 17th to be fully subscribed since our
founding less than three years ago, and look forward to continuing to offer
section 1031 exchange and cash investors the opportunity to take part in
ownership of high quality properties such as this one as we grow our DST
platform.”
The two-story building is
located at 1530 W. Covina Parkway,
approximately 19 miles east of downtown Los Angeles, in the eastern San Gabriel
Valley.
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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