Third Fully Realized Retail Investment Completed by FCA This Year
FCA completed another fully realized retail investment in Texas
WHEATON, Ill., (October 15, 2014) – First Capital Advisors (FCA) completed its third fully realized retail investment in Corpus Christi, Texas.
In a joint-venture partnership with Embree Capital Markets Group, a Texas based developer, acquisition, and asset management group, FCA participated in the development of an 18,000 square foot single tenant net leased building situated on an 8.10 acre lot. The building is triple net leased to H&E Equipment and sold on September 30, 2014.
“Embree Capital Markets has once again proven their success in retail assets” said Chris Pope, Principal at FCA. “It’s been a great year to have completed three successful projects with them and we look forward to working with them again in the future.”
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.