Four Springs Capital Trust 2014 Acquisition Activity

January 12, 2015

LAKE COMO, N.J.--()--Four Springs Capital Trust (the “Company”) announced today that in 2014 it continued to accelerate its growth by acquiring ten net leased properties totaling over 600,000 square feet in seven states leased to eight different tenants with a value of approximately $66.8 million. The Company’s most recent acquisition was of a 123,118 square foot call center leased to Caremark, LLC, a subsidiary of CVS Health, located in Mt. Prospect, Illinois, a suburb of Chicago, for a purchase price of $15.6 million. The 2014 acquisitions more than doubled the value of the portfolio, and Four Springs finished the year with 40 properties in 16 states with an estimated current value of over $122 million.

“Our acquisitions in 2014 are consistent with our commitment to being selective and acquiring high quality, strategically important properties in order to build a superior portfolio of net leased properties,” said Robert Micera, Chief Investment Officer of Four Springs Capital Trust.

Cynthia Daly, Director of Acquisitions, added, “through our acquisitions this year, we have been able to enhance the quality of our portfolio by increasing our diversification by tenant, geography, industry and property type, as well as increasing the weighted average remaining lease term of our portfolio.”

Also during 2014, the Company made significant strides in continuing to build out its acquisition, accounting and finance, underwriting, and property management infrastructure to national institutional standards. ”With the additions to our team and investments that we made to our infrastructure in 2014, the Company is well positioned for substantial growth in 2015, and we expect 2015 to be another record year of growth for us,” said Coby Johnson, President.

About Four Springs Capital Trust

Four Springs Capital Trust is a private real estate investment trust focused on acquiring a diversified portfolio of retail, industrial/warehouse and healthcare 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 info@fscap.net or Robert Micera, Chief Investment Officer, at 877-449-8828 x 4835.

Contacts

Four Springs Capital Trust
Cindy Daly, Director of Acquisitions
877-449-8828 X 7348
info@fscap.net
or
Robert Micera, Chief Investment Officer
877-449-8828 x 4835

Release Summary

Four Springs Capital Trust announced that in 2014 it continued to accelerate its growth by acquiring ten net leased properties totaling over 600,000 square feet in seven states.

Contacts

Four Springs Capital Trust
Cindy Daly, Director of Acquisitions
877-449-8828 X 7348
info@fscap.net
or
Robert Micera, Chief Investment Officer
877-449-8828 x 4835