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Four Springs Capital Trust Buys Louisiana Rehabilitation Facility

Four Springs Capital Trust, a private real estate investment trust, has purchased a newly renovated single tenant medical building in Baton Rouge, Louisiana. The building, which totals 11,075 square feet, operates as a physical rehabilitation facility for Ochsner Clinic Foundation, southeast Louisiana’s largest nonprofit, multispecialty healthcare system. The purchase price was not disclosed.

“We are excited to partner with the Ochsner Health System in their expansion in the Baton Rouge market,” said Jared Morgan, head of acquisitions at Four Springs Capital Trust.

Four Springs Capital Trust focuses on acquiring single-tenant, retail, industrial, medical and other office properties throughout the United States that are subject to long-term net leases. The company’s portfolio is comprised of 49 properties located in 22 states.

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