Thursday, August 2, 2012

TNP’s Sponsored DST Acquires New Class A Office Building, SAIC, in Beavercreek, OH

  

IRVINE, CA – Thompson National Properties, LLC (TNP) announced the acquisition of 3745 Pentagon Blvd. (top left photo)., an 86,928-square-foot Class A office building in the Beavercreek submarket of Dayton, Ohio, on behalf of 1031 exchange investors.

TNP has successfully sponsored 10 Delaware statutory trust (DST) programs on behalf of approximately 500 DST investors since late 2008. The acquisition was financed by American National Insurance Company. The loan was originated by Wally Reid and Kelly Layne of HFF’s Houston office.

A grand opening ribbon cutting ceremony took place on July 26 at 1:30 p.m. with speakers that included Ohio Lieutenant Governor Mary Taylor, Senator Chris Widener and Stu Shea (lower right photo), SAIC Chief Operating Officer.

“The new facility in Beavercreek will enable SAIC to expand our existing capabilities to align with the Air Force’s UAS research and development and testing vision,” said Shea. “This expansion will continue to bring new jobs to the region within the next few years.”

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

Jill Swartz
949-485-1552,

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