LAKE COMO, N.J.--(BUSINESS WIRE)--Four Springs Capital Trust (“FSCT” or the “Company”) announced today that it closed on the acquisition of a 19,530 square foot industrial property leased to Federal Express Corporation in Blackman Township, Jackson County, Michigan.
“Today’s acquisition increases our presence in the industrial / warehouse sector, and strengthens our expanding portfolio, which also consists of numerous properties in the healthcare and retail sectors,” said William Dioguardi, President and Chief Executive Officer of Four Springs Capital Trust. “It also further demonstrates a continued commitment to our shareholders to assemble a diversified portfolio of net leased properties.”
Four Springs Capital Trust is a private real estate investment trust focused on establishing a diversified portfolio of properties net leased to investment grade and other creditworthy tenants under long-term leases.
For more information about this announcement, please contact Cindy Daly, Director of Acquisitions, at the Company at 877-449-8828 X 7348 or firstname.lastname@example.org.