Four Springs Capital Trust (“FSCT” or the “Company”) acquired an
additional 116,782 square feet of net leased properties to its portfolio
during the fourth quarter of 2013. The total consists of (i) a 100,000
square foot build-to-suit industrial building net leased to a subsidiary
of Monsanto Company (NYSE: MON) (the lease guarantor) and (ii) a 16,782
square foot kidney dialysis clinic building net leased to a subsidiary
of Fresenius Medical Care (NYSE: FMS) (the lease guarantor).
These acquisitions evidence the Company’s continued commitment to
further diversify its portfolio by property type to include
industrial/warehouse and medical office properties as well as retail
properties while maintaining its focus on strong tenants and long
remaining lease terms.
“We are proud to add another strong company, Monsanto, to our tenant
mix, and we are pleased to expand our relationship with Fresenius, each
being a leader in its respective industry,” said William Dioguardi,
President and Chief Executive Officer of 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 medical properties net leased to investment
grade and other creditworthy tenants under long-term leases.
Copyright Business Wire 2014