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FLAGSHIP DIALS 1031

Charlotte
FLAGSHIP DIALS 1031

If only we could dial 411 to get an explanation about some of these tangled, multi-state 1031 exchanges. Alas, we'll just have to ask the source. Flagship Capital Partners recently completed a $16M, 1031 exchange on behalf of its investment clients for a 60k SF  medical office building  at 701 MedTech Park in Johnson City, Tenn.

 
Flagship Capital Partners' Benjamin Bivens and Bill Transou
Flagship Capital is the investment affiliate of Brackett Flagship Properties. Investors in the Tennessee building purchased property from part of the equity coming out of a sale earlier this year of a Charleston, SC, office campus occupied solely by Automated Trading Desk, Flagship?s Benjamin Bivens tells us. That building and 18 acres, which Flagship owned, sold for $27M to New York-based American Realty Capital. A CBRE brokerage team handled that sale. Flagship's Benjamin  and Bill Transou repped the buyers in the Tenn. sale. If you followed all that, you're next on our call list.