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| 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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