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Four Springs TEN31 Xchange Successfully Subscribes FSC Industrial 10, DST Offering and Provides Perspectives on Present and Upcoming 1031 Investment Opportunities-Press Release

WALL, N.J. – January 4, 2024 – Four Springs TEN31 Xchange, LLC, a sponsor of Delaware statutory trust programs, today announced the successful completion of the syndication of FSC Industrial 10, DST.

The $32 million all-cash offering comprises a two-property portfolio of industrial assets net leased to investment-grade tenants. The first property, located in California, is leased to a subsidiary of Compass Group PLC, providing laundry and linen management services to the healthcare and hospitality sectors. The second property, situated in Connecticut, is leased to Leggett & Platt Aerospace, a global supplier and manufacturer of high-quality engineered commercial and military aerospace components.

“We are pleased with the efficient completion of this offering despite a volatile market. We extend our sincerest gratitude to our partners, broker dealers, RIAs, and registered representatives for their unwavering support,” said William Dioguardi, Chairman.
FSC Industrial Portfolio 27, DST, a $150 million offering featuring 22 industrial properties, has successfully raised $48 million of the $78 million equity target during the third and fourth quarters of 2023. The portfolio is 100% net leased on a long-term basis to 14 investment-grade and other creditworthy tenants and is financed by a portfolio mortgage loan originated by Deutsche Bank.

Jared Morgan, SVP, Head of Acquisitions, stated, “With our long track record of successfully providing high quality net lease DST offerings to the 1031 exchange market, we are looking forward to completing FSC Industrial Portfolio 27, DST and launching a series of institutional-quality DST offerings in 2024.”

For further information, please contact:
Four Springs TEN31 Xchange
Charles Shaw
Email: info@fscap.net
Phone: 732.749.7344

CONTACT

3349A State Route 138
Allaire Corporate Center
Building A, Suite A
Wall, NJ 07719

P 732-749-7344
F 732-676-7759
E info@fscap.net

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2024 FOUR SPRINGS CAPITAL. All rights reserved.

This does not constitute an offer to buy or sell any security. Investments in securities are not suitable for all investors. Investment in any security may involve a high degree of risk and investors should review all “Risk Factors” before investing. Investors should perform their own due diligence before considering any investment. Past performance and/or forward looking statements are never an assurance of future results. Securities offered through Third Seven Capital, LLC, Member FINRA/SIPC. Four Springs Capital Markets, Four Springs TEN31 Xchange, LLC and Third Seven Capital, LLC are not affiliated.

This information is neither an offer to sell nor a solicitation to purchase interests in Four Springs TEN31 Xchange, LLC programs and is intended solely for information purposes. Investments in real estate are subject to known and unknown risks, uncertainties and other factors, and should be considered only by sophisticated investors who can bear the economic risk of their investment for an indefinite period and who can afford to sustain a total loss of their investment. Specific offerings can only be made through a Private Placement Memorandum (“PPM”). Prospective investors should carefully review the “Risk Factors” section of any PPM.