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Capital Square Realty Advisors Completes a DST Offering

Capital Square Realty Advisors, LLC (Capital Square), sponsor of Delaware Statutory Trust Investment (DST) offerings, announced today the closing of its seventh fully subscribed DST program. The latest offering was an 112,340 square-foot flex building in Durham, NC, which is leased completely to a global chemical manufacturing firm, Reichhold Inc.

“This is a high quality flex building located within Imperial Center, a 465-acre business park with a number of jogging trails, fitness centers, hotels, restaurants and other amenities available to tenants and visitors,” commented Louis Rogers, founder and chief executive officer of Capital Square Realty Advisors.

Located at 1035 Swabia Court, the building serves as the corporate headquarters and R&D facility for Reichhold. Equipped to handle biological and chemical labs, the building boasts heavy duty HVAC and electrical infrastructure, plus roof-mounted exhaust fans and a 500-kilowatt emergency generator.

“This building is well located within an extremely competitive market for office and laboratory space,” commented Yogi Singh, vice president of acquisitions with Capital Square.

Launched in 1927, Reichhold employs over 1,400 people worldwide and claims to be “one of the world’s largest suppliers of unsaturated polyester resins for composites and a leading supplier of coating resins for a wide variety of markets and applications.”

“Reichhold is joined at Imperial Center office park by a number of other high quality, blue chip tenants and is within three miles of Research Triangle Park,” added Singh.

Capital Square offers Section 1031 tax-deferred exchange investors and cash investors, commercial real estate investment opportunities using the Delaware Statutory Trust structure.