 |
| Louis Rogers |
RICHMOND, VA – Capital
Square 1031 announced three of its Delaware statutory trust offerings,
comprising five grocery-anchored shopping centers in North Carolina and South
Carolina, and one fitness center in Columbus, Ohio, have been fully subscribed
by investors.
Approximately 65 investors
subscribed to CSRA Columbus OH Fitness, DST; CSRA Grocery Portfolio I, DST; and
CSRA Grocery Portfolio II, DST.
“We are pleased to fully
subscribe these three DST offerings, each comprised of retail real estate
anchored by a high quality, credit tenant,” said Louis Rogers, founder and chief executive officer of Capital Square
1031. “Our firm has closed 31 DST offerings since inception, and we look
forward to continuing to provide investment grade, tax-advantaged real estate
opportunities to investors.”
CSRA Columbus OH Fitness,
DST includes a 53,206-square-foot, two-story fitness facility located at 3474
Sawmill Drive in Powell, a suburb of Columbus, Ohio. The building is 100
percent leased on a long-term basis to LA Fitness, the largest health club
operator nationwide.
CSRA Grocery Portfolio I
is comprised of three shopping centers anchored by Food Lion, a leading
Southeastern and Mid-Atlantic supermarket retailer, in North Carolina and South
Carolina.
For a complete
copy of the company’s news release, please contact:
Julie Leber
Spotlight Marketing
Communications
949.427.5172, ext.
703
No comments:
Post a Comment