Monday, January 18, 2016

Capital Square Completes Medical Office Building DST Offering near Raleigh, NC

Louis Rogers
RALEIGH, NC – Capital Square 1031 announced its Delaware statutory trust offering, CSRA NC MOB DST, comprised of a 16,024-square-foot medical office building near Raleigh, N.C., has been fully subscribed by investors. 

This is the 18th Capital Square 1031-sponsored DST offering fully subscribed since the company’s founding in 2012.

Located at 2503 E. Lyon Station Road in Creedmoor, the single-story building is 100 percent leased on a long-term basis to Duke University Health System. The 3.52-acre property includes 98 surface parking spaces.

“This is an institutional quality medical office building built in 2010 specifically for the Duke University Health System,” said Louis Rogers, founder and chief executive officer of Capital Square.

“Capital Square 1031 believes that medical office buildings such as this are attractive investment opportunities because healthcare costs are growing dramatically to approximately 20 percent of the US economy, and such costs are projected to grow for decades to come.”

Duke University Health System, Inc. is comprised of three hospitals with 1,512 licensed beds based in Durham, North Carolina. The hospitals include the 957-bed, internationally acclaimed flagship care facility, Duke University Medical Center, located on the Duke University campus; the 369-bed Duke Regional Hospital in Durham; and the 186-bed Duke Raleigh Hospital in Raleigh.

. 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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