Tuesday, October 7, 2014

Capital Square Realty Advisors Partners with CENTURY Parking Group, Acquires First Parking Portfolio in Downtown Chicago


Louis Rogers
CHICAGO, IL (Oct. 7, 2014) – Capital Square Realty Advisors, LLC announced today that it has formed a partnership with CENTURY Parking Group to acquire parking facilities.

 The partnership has acquired CSRA Chicago Parking I, DST, comprised of two parking garages in downtown Chicago. The facilities are 100 percent leased to Buddy’s Parking.

“We’re excited to add parking facilities to our platform through a trusted partnership. These parking garages are well-located within established and heavily trafficked districts of downtown Chicago that have high barriers to entry for new parking areas and facilities,” said Louis Rogers, founder and chief executive officer of Capital Square Realty Advisors.

“The parking garages benefit from numerous major retailers, restaurants, office buildings, luxury hotels and condominiums that are on-site or within close walking distance of the property.” 

The first parking facility, 100 E. Walton St., is a seven-story valet parking garage that is part of a mixed-use development containing retail and office space, and 31 floors of individually owned condominiums.

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

Julie Leber
Account Manager
Spotlight Marketing Communications

18101 Von Karman Avenue, Suite 330
Irvine CA 92612
949-427-5172, ext. 703

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