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| Louis Rogers |
TAMPA,
FL – Capital Square 1031, a leading real estate investment and management firm
specializing in Delaware statutory trust investments, announced today its
acquisition of a 71,150-square-foot office/research and development building in
Tampa, Florida.
The property is 100 percent leased to a division of Capsugel,
an award-winning global contract development and manufacturing organization
(CDMO).
Located
at 4910 Savarese Circle, the single-story building is comprised of 45,000
square feet of office space and 26,150 square feet of tech space.
The building
was renovated in 2015 to accommodate the tenant’s expansion.
“This
acquisition represented an excellent opportunity for our firm to acquire a
stable asset with a credit-worthy tenant that has experienced tremendous
growth,” said Louis Rogers, founder and chief executive officer of
Capital Square 1031.
Earlier
this year, Capsugel was acquired by Lonza Group, one of the world’s leading
suppliers to the pharmaceutical, biotech and specialty ingredients markets.
For more information on this news
release, please contact:
Julie Leber
Spotlight Marketing Communications
949.427.5172, ext. 703
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