DST Investments

Siemens Energy Management at Peachtree Corners

Project Overview

Siemens -Energy Management Division is one of the leading global suppliers of products, systems, solutions, and services for the reliable transmission and distribution of electrical power. As trusted partner for the development and extension of efficient power infrastructure, this Division offers utilities and industry the portfolio they need. This includes facilities and systems for the low-voltage and distribution power grid level, smart grids, and high voltage transmission systems. Represented in more than 90 countries, this Division has about 52,000 employees and roughly 100 production sites worldwide. The 1367 Parkway Lane facility houses engineering and product development for many advanced low voltage technologies across the Energy Management portfolio. Having operated locally for over 22 years 1367 Parkway Lane is one of 7 key Siemens locations in Metro Atlanta.

Financially Stable Tenant

Siemens is a global innovator focusing on digitalization and automation for the process and manufacturing industries and is a leader in power generation and distribution, intelligent infrastructure, and distributed energy systems. For more than 100 years, the company has developed technologies that support multiple American industries including manufacturing, energy, healthcare, and infrastructure. Recognized as #66 on the Fortune Global 500 during fiscal 2019 Siemens had revenues of over $87 billion, employed more than 385,000 and today maintains its long-term credit rating of S&P A+.

Recession -Resistant

Siemens Energy Management Division provides critical and essential products along with technologies to the leading energy providers, utilities, and industries throughout the United States. Notable customers in Metro Atlanta include Hartsfield-Jackson Atlanta International Airport, Georgia Department of Transportation, Georgia Aquarium, Emory University, Georgia Tech University, Southern Company, Georgia Power, Shaw Industries among others.

Brand New Build-to-Suit Facility

1367 Parkway Lane is a brand-new build-to-suit location for Siemens just completed in June 2020. Upfitted by Siemens with over $3.5 million of its own infrastructure and technologies. This state-of-the-art research and development facility is a relocation and expansion from its previous location less than 2 miles away which has housed this division for over 22 years.

Atrium Health - MedCost Headquarters

Project Overview

MEDCOST corporate headquarters is located at the center of Kimel Park, a 12-building master-planned development serving North Carolina’s three major healthcare systems: Atrium Health, Wake Forest Baptist Health and Novant Health. MEDCOST contracts with more than 1,000 regional employers annually throughout the Carolinas and Virginia, including 40 hospital systems.

Financially Stable Tenant

The property’s lease is guaranteed by Atrium Health rated Aa3 Stable by Moody's and also Wake Forest Baptist Health rated A2 Stable. A lease backed by two high-quality healthcare institutions is one of the more unique characteristics of this opportunity.

Recession-resistant

The lease offers inflation protection with annual CPI rent increases. Furthermore, Medcost’s business model is resilient in that it provides administrative service to over 40 hospitals and 95,000 healthcare providers.

Well-maintained Property

Medcost has occupied this building for over 20 years and has continued its commitment by completing interior renovations in 2020 and exterior renovations in 2019. Exterior renovations include a new roof, HVAC, and parking lot.

New Hanover Regional Medical Center (NHRMC)

The New Hanover Regional Medical Center “NHRMC” Medical Services Center is a brand-new, class A two-story 50,000 square foot Medical Services Center located in Jacksonville, North Carolina. A build-to-suit constructed to meet the ever-growing demand for primary care, cardiology, urology, physical therapy, digital mammography as well as comprehensive imaging and diagnostic services in Onslow county.

NHRMC is a public, not-for-profit teaching hospital and tertiary care center for a seven-county area with a Moody’s A1 credit rating demonstrating its leading market position in healthcare. NHRMC has approximately 6,000 employees with 560 physicians on medical staff and annual patient revenue in excess of $2.8 billion. NHRMC signed a 10-year NNN lease and invested approximately $4.5 million of its own funds into building tenant improvements.

2150 Shipyard Boulevard

Built in 2005, renovated in 2015 this 18,790 square foot medical office complex is located within one mile of the New Hanover Regional Medical Center's Hospital Campus "NHRMC". In 2015, NHRMC invested over one million dollars towards property renovations and signed a new 10-year lease. In March of 2019, NHRMC signed an extension of the existing lease adding another two years.

• 100% Occupancy with New Hanover Regional Medical Center • 3.00% Annual Increases • New Hanover Completely Upfitted Facility in 2015

New Hanover Regional Medical Center

Brand New Lease Extension, Absolute NNN, Moody’s A1 Credit Rated Tenant

Healthcare Realty Solutions is pleased to offer interests in the New Hanover Regional Medical Center (“NHRMC”) Medical Services Facility located in Wilmington, North Carolina. This build-to-suit facility is only blocks from New Hanover Regional Medical Center’s main campus. Physician specialists within the building are Internal Medicine, General Surgery, Maxillofacial Surgery and NHRMC’s Care Team.

• 100% Occupancy with New Hanover Regional Medical Center • 3.00% Annual Increases • New Hanover Completely Upfitted Facility in 2014.

Augusta University Health

Space is limited. Call for availability. 704-552-4000

Augusta University Health is an Urgent and Outpatient Care Center located just outside of Augusta, GA in the community of Grovetown.

• 2019 build-to-suit • 100% leased to Augusta University Health System • 12-year NNN lease term

This approximate 10,590 square foot build-to-suit provides off-campus healthcare services specializing in Urgent Care, Women’s Health and Pediatrics. The facility is 100% leased AU Medical Associates and guaranteed by Augusta University Health System, Inc. “Moody’s Baa3 Credit Rating” on a “brand-new” 12-year NNN lease. The property has 14 exam rooms, 2 lab rooms and a sonogram room. Augusta University Health System is at the forefront of groundbreaking research and is home to the medical College of Georgia, the nation’s 8th largest and 13th oldest medical school in the country.

Atrium Health Med Portfolio

Healthcare Realty Solutions is pleased to offer this two location DST investment opportunity. The buildings are within the Charlotte North Carolina MSA and were constructed as build-to-suits for Atrium Health in 2002 and 1996, respectively.

In 2020, Atrium Health combined with Wake Forest Baptist Health to become the largest healthcare provider throughout the Carolinas. Today, this system has over 5,000 active physicians, residents, and fellows.

Novant Health Primary Care Facility

Healthcare Realty Solutions is pleased to offer interest in a Novant Health primary care facility in Lexington, NC which is less than 30 minutes outside Winston Salem, NC, and less than an hour outside Charlotte, NC. Located at 110 West Medical Park Drive, this approximate 11,272 square foot medical facility has been home to Novant Health since 2000. In February 2021, Novant agreed to a new 10-year NNN lease term through February 28, 2031. This is an excellent location in Lexington’s medical corridor only blocks away from Wake Forest Baptist Health | Lexington Hospital.

UNC Health Care

The University of North Carolina Health Care Women's Health facility in Goldsboro, North Carolina. Constructed in 2002, the 11,144 square foot facility is leased on a NNN basis to UNC Health Care's wholly owned subsidiary, UNC Physicians Network, a network of more than 95 locations and 300 board-certified primary and specialty care physicians serving the citizens of North Carolina. UNC Health Care is a not-for-profit integrated health care system owned by the state of North Carolina and based nearby in Chapel Hill, serving the health care needs of over 10 Million North Carolinians.

Atrium Health Union Family Practice

Atrium Health Union Family Practice (“AHUFP”) is conveniently located less than .7 mile from Atrium Health’s Union Hospital.

AHUFP is committed to providing excellent, innovative care for the whole family. The Atrium Health Union Family Practice team includes board-certified doctors, faculty and residents from the Atrium Health Family Medicine Residency Program. AHUFP offers a first-of-its-kind program that is a part of the Atrium Health Advantage Program. Under the Advantage Program patients are provided faster access to specialists, appointments are made within 24 hours and an online chat platform offers a staffed medical professional 24-hours a day, 7 days-a-week.
Atrium Health Union Family Practice is committed (for over 20 years) to providing quality outpatient care. Due to its proximity to Atrium Health’s Union hospital, AHUFP is also able to offer hospital-based medicine from this location. Hospital-based medicine means if a patient is ever hospitalized at Atrium Health Union hospital, post-hospital care will be managed by the same team of physicians you know and trust from this Atrium Health Union Family Practice location.