Capital Square 1031 has acquired a two-building, 115,627-square-foot research and development industrial campus in Fort Collins, Colo. The property was acquired for CS1031 Colorado Power, DST, a Reg. D private placement. The financial terms were not disclosed.
“Capital Square is pleased to add a high-quality industrial property to our growing portfolio of diversified DST investments for Section 1031 and others seeking tax-advantaged investment opportunities nationwide,” said Louis Rogers, founder and chief executive officer of Capital Square. “The property has an exceptional tenant in Advanced Energy Industries, Inc., a global engineering firm with diversified revenue streams and multiple growth opportunities.”
Located at 1625 Sharp Point Drive and 2424 Midpoint Drive, the property is occupied by Advanced Energy Industries Inc., a global engineering firm that designs and manufactures power conversion equipment used in devices such as medical equipment, semicond
