Four Springs TEN31 Xchange, LLC, a U.S.-based sponsor of Delaware statutory trust (DST) programs, has successfully closed a $150.5 million loan and launched FSC Industrial Portfolio 27, DST. This portfolio consists of twenty-two industrial properties, strategically located across thirteen different states. The properties serve various purposes, such as headquarters, major manufacturing plants, regional distribution centers, and strategic rental locations. The offering is 100 percent net leased on a long-term basis to fourteen investment grade and other creditworthy tenants. Notable companies among the top tenants include Brenntag, Dominos, Columbia Gas, International Paper, and New York State Electric & Gas, with a significant presence in the Chemical Distribution, Logistics, and Food & Beverage industries. The diverse portfolio spans 1.3 million rentable industrial square feet and represents ten different tenant industries.
Four Springs TEN31 Xchange, LLC, a subsidiary of Four Springs Capital Trust (FSCT), operates as a sponsor of DST programs. As a private net lease Real Estate Investment Trust, Four Springs provides tax-deferred exchanges through DST offerings, whole property solutions, and Umbrella Partnership Real Estate Investment Trusts. The company serves broker-dealers, registered investment advisors, and Wirehouses with institutional quality 1031 Exchange DST offerings.