Skip Navigation

Capital Square 1031 Buys Birmingham Medical Office Building

September 8, 2016

September 8, 2016

Capital Square 1031 LLC, a sponsor of replacement property for Section 1031 exchanges, purchased a newly constructed medical office building in Birmingham, Alabama. The purchase price was not disclosed.

Located at 3671 Roosevelt Blvd., the 8,140-square-foot dialysis clinic was built-to-suit for Fresenius Medical Care Trussville, a wholly owned subsidiary of Fresenius Medical Care AG & Co. The property is 100 percent leased on a triple net basis for a base term of 15 years, plus extensions.

“This medical office building is well-located in a vibrant area within the Birmingham metropolitan region, which has a population of more than 1.1 million, representing nearly 25 percent of the state’s total population,” said Louis Rogers, founder and chief executive officer of Capital Square 1031.

To read the full article, click here.


Corporate Responsibility & Sustainability Initiatives

Our elevated focus on corporate responsibility and sustainability furthers our commitment to environmental stewardship and community well-being.

Join the Capital Square Team

Our culture of collegiality and family-oriented values is a competitive advantage, and our team members are individuals at the top of their respective fields.