Four Springs TEN31 Xchange Successfully Completes $160 Million in DST Offerings, Announces Strategic Acquisitions and Partnership with Alts Fund LINK
WALL, N.J. – August 29, 2024 – Four Springs TEN31 Xchange (FSXchange), a premier sponsor of Delaware Statutory Trust (DST) programs, is pleased to announce the successful completion of $160 million in subscriptions across two of its latest offerings: FSC Industrial Portfolio 27, DST, and FSC Healthcare 28, DST. This achievement underscores FSXchange’s commitment to providing investors with high-quality, strategically located assets across a diverse range of industries.
The $150 million FSC Industrial 27, DST offering encompasses 22 industrial properties, totaling 1.3 million rentable square feet. These properties are fully leased to 14 investment-grade tenants across 13 states, serving sectors including chemical distribution, logistics, and food and beverage. Notable tenants in this portfolio include industry leaders such as Brenntag, Domino’s, Columbia Gas, International Paper, and New York State Electric & Gas.
Complementing this, FSC Healthcare 28, DST represents a $10.5 million, all-cash investment in a purpose-built medical facility in Tucson, AZ. This property is anchored by a 15-year absolute NNN lease with BioLife Plasma Services, a key player in the plasma collection industry, financially backed by Baxalta Inc., a subsidiary of Takeda Pharmaceutical.
“As we continue to grow and innovate, the success of these offerings underscores our commitment to providing our investors with exceptional opportunities in the ever-evolving commercial 1031 real estate landscape.” stated William Dioguardi, Chairman of FSXchange. “They reflect the integrity of our investment strategy and the trust placed in us by our partners, broker-dealers, RIAs, and registered representatives.”
Four Springs TEN31 Xchange (FSXchange) is launching two new DST offerings: FSC Healthcare 29, valued at $15 million, which includes three single-tenant NNN medical facilities leased to BioLife Plasma Services and BlueCross BlueShield of South Carolina, and Industrial 32, valued at $150 million, featuring a 1.1 million square foot industrial property in the Detroit MSA, net-leased to Ford Motor Company.
Both offerings are now accessible via Alts Fund LINK, a comprehensive digital platform that streamlines alternative investment due diligence and ensures REG BI Care Obligation compliance. “Our partnership with Alts Fund LINK enables us to extend our reach and provide a seamless experience for advisors and investors seeking our latest DST opportunities,” commented Matt Woehnker, President of FSXchange.
Advisors interested in FSC Healthcare 29, DST and Industrial 32, DST can contact FSXchange or log into their existing Alts Fund LINK accounts to view offering details, access subscription documents, and review due diligence reports. For those not yet registered, signing up via the Alts Fund LINK website is quick and easy.
About Four Springs TEN31 Xchange (FSXchange) FSXchange is a leading DST sponsor focused on net leased single-tenant commercial properties within the industrial and medical sectors. The company’s rigorous approach includes comprehensive property screening, due diligence, and underwriting processes, complemented by ongoing asset management and financial reporting. FSXchange’s offerings
are distributed through Four Springs Capital Markets, providing access to a broad network of FINRA-registered representatives and other financial professionals.
About Alts Fund LINK Alts Fund LINK is committed to simplifying, standardizing, and democratizing alternative asset due diligence. The platform offers a comprehensive, streamlined experience for Broker Dealers and Investment Advisors to efficiently access and evaluate alternative investment opportunities while maintaining SEC Care Obligation compliance.
For more information about these offerings or to learn more about FSXchange’s upcoming opportunities, please contact:
Four Springs TEN31 Xchange
William Dioguardi, Chairman
Email: info@fscap.net
Phone: 732.749.7344