Capital Square 1031 Launches DST Offering of Trio of SoCal MOBs
May 9, 2019
Capital Square 1031 launched CS1031 So Cal MOB, DST, a Reg. D private placement investment comprised of three medical office buildings located in Rancho Mirage, Pasadena and Azusa. The offering is seeking up to $10,728,000 in total equity from accredited investors and has a minimum investment of $25,000.
Capital Square 1031’s Louis Rogers says, “This DST investment is a prime example of Capital Square’s ability to source and sponsor well-located, recession-resistant medical buildings across the nation.”
The 100%-leased properties (guaranteed by Synovation Medical Group) include:
– 69780 Stellar Dr., a 7,500-square-foot building in Rancho Mirage (pictured)
– 1017-1035 S. Fair Oaks Ave., a 23,687-square-foot building in Pasadena
– 830 S. Citrus Ave., an 11,331-square-foot building in Azusa
Capital Square 1031’s Ware Smalley added, “These assets are positioned for long-term success due to their high-profile locations in Southern California, high traffic counts, dense populations and excellent proximity to hospitals and other medical facilities.”
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- On May 9, 2019