REVA offers Raleigh Class A office building investment
Richmond, Va., — A 100 percent leased Raleigh area office building is now available as an equity investment, Real Estate Value Advisors (REVA) announced this week.
REVA, based in Richmond, Va., launched the 1031 Exchange eligible investment offering for Shannon Oaks, a fully leased, Class A office building in the Cary submarket of Raleigh.
Shannon Oaks comprises 56,571 square feet and is fully leased. The building’s desirable location affords it with convenient access to Downtown Raleigh, RDU International Airport and the Research Triangle Park.
REVA Managing Director Steve Sadler said the Shannon Oaks building is expected to be a solid- performing asset for its owners and investors.
Shannon Oaks is home to several credit tenants and is just minutes away from amenities and Interstate 40, US Highway 1 and Interstate 54.
“The Raleigh market is strong,” Sadler said. “It has a powerful economy and booming job market.”
REVA boasts a stellar track record of performing well in good markets and bad and more than $200 million in office transactions. This investment opportunity – the Shannon Oaks DST – qualifies as a 1031 Exchange, a tax-deferred exchange considered a “like-kind replacement” property investment.
For more information on REVA, 1031 Eligible properties and how you can invest in Shannon Oaks visit www.revacompanies.com or email Steve Sadler at firstname.lastname@example.org
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. These forward-looking statements are based upon REVA’s (the “Company”) present expectations, but these statements are not guaranteed to occur. Furthermore, the Company disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, of new information, data or methods, future events or other changes. Investors should not place undue reliance upon forward-looking statements.