FCA Embarks In 4 Retail Development Sites with Embree Group
WHEATON, Ill., (February 23, 2014) – First Capital Advisors, LLC (FCA) has partnered up with the Embree Group in the development of one Dollar General in California, two in Oregon, and a Goodyear Tire & Rubber in Texas.
“We have done similar deals with Embree before that turned out to be great investments,” said Chris Pope, Principal of First Capital Advisors. “When the opportunity came up to work with them again, we had to jump on it.”
All of the Dollar Generals are located on the highly traveled I-5 corridor that stretches thru California, Oregon, and Washington. One is located in Cottonwood, Calif., approximately 150 miles north of Sacramento. Another one will be built in Phoenix, Ore., approximately 170 miles south of Eugene and one in Jacksonville, Ore., approximately 150 miles south of Eugene.
The 7 bay Goodyear Tire & Rubber service is located in Magnolia, Texas, about 50 miles northwest of Houston. Construction will begin in March 2015 and is expected to be completed in Q3 of 2015.
First Capital Advisors, LLC is a fully integrated, self-administered and self-managed real estate investment firm focusing on the acquisition, ownership, and management of high quality real estate throughout the United States. First Capital is an affiliate of First Trust Portfolios L.P., a financial services firm founded in 1991. Additional information about First Capital Advisors can be found at the company’s website at fca-grp.com.
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