Wednesday, April 22nd 2015 | ExchangeRight Real Estate, a sponsor of Delaware Statutory Trust (DST) offerings, has fully subscribed their 8th DST offering. Net-Leased Portfolio 8 DST is a portfolio of thirteen single-tenant, long-term net-leased retail properties.
“This portfolio represents our continued commitment to consistently deliver diversified portfolios of investment-grade, long-term net lease property. Our subscription period on this portfolio was the fastest in our history showing the market’s desire for high-quality, diversified portfolios,” commented Joshua Ungerecht, Managing Director and Chief Executive Officer of ExchangeRight Real Estate.
Net-Leased Portfolio 8 DST owns and leases thirteen properties to CVS, Ross Stores, Advance Auto Parts, AutoZone, Tractor Supply, Franciscan Alliance, Dollar General, and Family Dollar. Collectively this portfolio represents over 150,000 square feet of necessity retail space diversified in over 13 distinct markets in seven states.
About ExchangeRight Real Estate, LLC.
ExchangeRight Real Estate, LLC., based in Pasadena, CA., offers replacement property investments for accredited investors participating in a 1031 tax-deferred exchange as well as accredited investors seeking to invest in net-leased property. Formed in early 2012, ExchangeRight has grown to the become one of the top DST sponsors today with over 113 properties, representing $ 250MM of value and 1M square feet under management across 25 states.
To Learn More, Call 866.671.1031
Or Email: Gflahardy@exchangeright.com
Geoffrey D. Flahardy, National Accounts Director
Media Contact: Kori Kurtz 855-317-4448 email@example.com