Navigation Bar

Four Springs Ten31 Xchange Successfully Closes Sale of MRC Industrial DST, Delivering 178% Return to Investors

Wall, NJ , March 4, 2024 — Four Springs Ten31 Xchange (“FSC” or “Four Springs”), a leading sponsor of 1031 exchanges and replacement property solutions, is pleased to announce the successful sale of ownership in FSC MRC Odessa TX, DST. Investors in the DST realized a 178% total return on their investment.

This performance reflects FSC’s commitment to generating attractive returns and providing investors with access to high-quality replacement real estate opportunities. Notably, for all of FSC’s full-cycle DST programs, the average total return is 158%, with an average annual rate of return of 7.2%.

Jared Morgan, Head of Acquisitions, commented on the significance of the transaction and the strength of the company’s industrial DST offerings:

“Our industrial DST portfolio has been a cornerstone of our investment strategy, and we are proud to announce the successful disposition of the MRC Texas DST. This transaction demonstrates our expertise in identifying and capitalizing on attractive net-leased opportunities in the industrial sector. We remain committed to delivering strong returns and enhancing value for our investors.”

Industrial properties are a critical asset class within FSC’s expanding DST portfolio, comprising a diverse range of tenants and industries. As of February 2024, the syndicated value of the industrial portion of their DST portfolio totals $588 million, encompassing 35 properties with an average size of 369,000 square feet each. The average rent of their industrial portfolio is $6.65 per square foot, which is below current market rents. With a focus on quality assets and strategic investments selected by careful underwriting of real estate attributes, tenant credit, and lease structure and term, Four Springs is well-positioned for future growth and success, seeking to deliver stable, long-term income and capital appreciation.

About Four Springs Ten31 Xchange:

Four Springs Ten31 Xchange has completed over $850 million in 1031 Exchanges and other replacement property offerings. Our mission is to illuminate the path for professionals seeking in-depth knowledge and collaborative opportunities in commercial real estate exchanges. We don’t just facilitate transactions; we foster partnerships by providing a knowledge-based platform for Broker-Dealers and RIAs, along with their teams. Our approach provides a unique opportunity to collaborate with the exchanger and their Real Estate Attorney, CPA, and Qualified Intermediary in a 1031 Exchange.

For further information please contact:

Four Springs TEN31 Xchange
Charles Shaw
Email: info@fscap.net
Phone: 732-749-7344