Four Springs TEN31 Xchange, a sponsor of Delaware statutory trust programs based in New Jersey, has closed a $72.2 million loan and launched FSC Industrial Portfolio 27 DST. Deutsche Bank provided the loan to own 22 industrial properties and raise $150.5 million in offerings for the portfolio which is 100% net leased on a long-term basis to 14 tenants including Brenntag, Dominos, Columbia Gas International Paper and New York State Electric & Gas.
The properties serve industries across 13 different states such as chemical distribution, logistics and food & beverage with mission-critical locations like headquarters manufacturing plants distribution centers rental locations etc..
Recently Four Springs TEN31 Xchange Launched its diversified industrial portfolio worth 150M USD offering investors an opportunity to invest into real estate assets that are located across various US states serving multiple industries with mission critical facilities like headquarters manufacturing plants etc..
