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Transactions - MAY 21, 2021

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Four Springs Capital Trust pays $31m of medical office properties

by Released

Four Springs Capital Trust (FSCT), a REIT focused on investments in single-tenant net-lease assets, has acquired three medical office properties.

“Healthcare continues to be one of the fastest growing sectors of our economy,” said William Dioguardi, CEO of Four Springs Capital Trust. “Strong demographic and economic trends should continue to have a dramatic impact on healthcare, and we expect to see increasing demand for high-quality medical office real estate.”

The property acquisitions include:

University of North Carolina Health Care System in Chapel Hill, N.C. A 25,738-square-foot property that is 100 percent leased to the University of North Carolina Health Care System. The property is located in Chapel Hill, N.C., in close proximity to the campus at UNC, and provides pediatrics, internal medicine, orthopedics and OB-GYN offices. Fresenius Medical Care in Albany, Ore. A 12
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