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| Louis Rogers |
WINCHESTER, VA – Capital Square 1031 announced the company
has acquired a medical office building, 100 percent leased to Bio-Medical
Applications of Virginia, doing business as Fresenius Medical Care Holdings
Inc., in Winchester, Va.
Located at 38 W. Jubal
Early Dr., the 9,503-square-foot, single-story condominium unit was recently
built-to-suit for Fresenius, a wholly-owned subsidiary of Fresenius Medical Car
AG & Co. KGaA.
“This is a
recently-constructed, high quality medical office building on a long-term
triple net lease to a subsidiary of the world’s leading provider of dialysis
products and services. Its parent company had a net revenue of approximately
$15.8 billion for the fiscal year 2014,” said Louis Rogers, founder and chief executive officer of Capital Square
1031.
According to Rogers,
“Capital Square 1031 acquires medical properties throughout the nation because
this desirable asset class is in great demand as a result of the ageing of the
Baby Boomer generation.”
Listed on both the
Frankfurt Stock Exchange (FME) and New York Stock Exchange (FMS), Fresenius is
the world’s leading provider of products and services for people with chronic
kidney failure.
The company is primarily engaged in providing
kidney dialysis services and clinical laboratory testing; manufacturing and
distributing products and equipment for kidney dialysis treatment; and
providing other medical ancillary services.
During 2014, Fresenius cared for in
excess of 283,000 dialysis patients in 3,349 proprietary clinics located in
more than 45 countries worldwide. The company also operates more than 40
production sites on all continents, making Fresenius the leading provider of
dialysis products, including dialysis machines, dialyzers and disposable accessories.
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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