#United States #Richmond #Capital Square #1031 Exchange #Grocery Portfolio

Capital Square's Impressive Real Estate Journey

Capital Square, a prominent player in tax-advantaged real estate investments, has made headlines once again with the recent sale of its CSRA Grocery Portfolio I, DST. This transaction has resulted in a remarkable 184% total return for investors involved in the 1031 exchange. With this sale, Capital Square further establishes itself in the market for offering solid returns on real estate investments.

Overview of the Recent Sale

The CSRA Grocery Portfolio I consisted of a collection of three grocery-anchored shopping centers, strategically located in North Carolina and South Carolina. These assets were anchored by Food Lion, a well-known supermarket chain in the Southeastern and Mid-Atlantic United States, ensuring a reliable tenant base and attracting consistent foot traffic.

The three shopping centers are:

• - West Point Village: Located at 433 North Carolina Highway 49 South in Asheboro, this center spans 48,246 square feet.
• - College Lakes: Situated at 929 McArthur Road in Fayetteville, featuring an area of 43,041 square feet.
• - Kris Krossing: Found at 3320 4th Avenue in Conway, South Carolina, it boasts 49,800 square feet of retail space.

Achieving Consistent Returns

Since its inception in 2018, Capital Square has successfully executed 34 full-cycle DST programs, boasting an average total return of 166.79% and an internal return rate averaging 12.14% for investors. These statistics highlight the company's robust track record in managing and optimizing real estate assets.

Louis Rogers, the founder and co-CEO of Capital Square, expressed confidence in the firm’s ability to deliver substantial, tax-advantaged returns. He stated, "CSRA Grocery Portfolio I is another example of the strong results our investment and asset management teams achieve through disciplined execution and unwavering commitment to excellence."

The Investment Strategy

Capital Square's investment strategy has always been about tapping into necessity-based retail assets in rapidly growing markets. The firm understands the importance of location and tenant reliability, especially in a market that favors grocery stores as essential businesses. All three shopping centers in the CSRA Grocery Portfolio were chosen not only for their strategic locations but also for their potential to provide steady cash flow amid fluctuating market conditions.

Whitson Huffman, co-CEO and chief investment officer, elaborated on the strength of Capital Square's investment strategy, stating, "This full-cycle event exemplifies the strength of Capital Square's investment strategy and the enduring appeal of 1031 exchange and DST programs."

He further noted that the 184% total return is a testament to the company’s dedicated approach to maximizing investor value while navigating market complexities.

Future Prospects

Since its foundation in 2012, Capital Square has acquired an impressive portfolio of over 170 real estate assets, catering to more than 6,500 investors. These investors look for quality properties that enable tax deferral under Section 1031, while also aiming for stable cash flow and long-term capital appreciation.

In the expanding landscape of real estate investments, Capital Square stands out not just for its past achievements but also for its commitment to evolving with market trends. The firm’s strategy of focusing on the grocery-anchored retail sector provides a solid foundation for future investments and returns, appealing to a broad base of investors.

Conclusion

The impressive 184% return from the CSRA Grocery Portfolio I sale reflects Capital Square's expertise in the realm of real estate investments. By adhering to disciplined strategies and prioritizing investor interests, the firm has successfully positioned itself as a leader in tax-advantaged real estate investments. As market dynamics continue to evolve, Capital Square remains steadfast in its mission to provide valuable investment opportunities in a safe, tax-efficient manner.

For those interested in tax-advantaged real estate or DST programs, monitoring Capital Square's future offerings may prove beneficial, as they continue to push the boundaries of success in real estate investment.