Monday, December 25, 2017

Capital Square 1031 Acquires 71,150-Square-Foot Office/Research and Development Building in Tampa, FL


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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