FSC Healthcare 28 (BioLife Plasma Services, Tucson AZ)
Medical office (single-tenant NNN) property in Tucson, AZ — sponsored by Four Springs (FSX)
Files with the SEC as FSC Healthcare 28, DST
Minimum investment
$25k
Offering size
$10.6M
How much has sold
100.0%
Asset type
Medical office (single-tenant NNN) property
Location
Tucson, AZ
Financing
All cash. This offering reports no mortgage debt.
Sponsor-reported, from SEC filings and cited sources.
What is this, in one paragraph?
FSC Healthcare 28 (BioLife Plasma Services, Tucson AZ) combines the historical SEC filing record with the cited public sources we found for the property and its outcome. Use the chapters below to see what those sources establish, then use the source list to check the underlying materials.
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These links support the historical public record; individual details may come from different sources.
On a 45-day clock? Find day 45 and day 180 from the sale date, then come back to this record.
What exactly is the property?
- Reported location
- Tucson, AZ
- Property size
- Purpose-built BioLife Plasma facility
How did it end?
No sale or other ending on record
No sale, foreclosure, or 721 UPREIT conversion announcement has been found for FSC Healthcare 28, DST as of mid-2026 (the Form D run ended Apr 11, 2025, before the typical 5-10 year DST hold); the underlying BioLife Plasma Services center at 8019 E Golf Links Road, Tucson AZ remains operating per BioLife's website and 2026 Yelp listings [1][2][3].
Single-tenant medical office 1031 DST in Tucson, AZ (Pima County); $10.567M all-cash offering; purpose-built for BioLife Plasma Services (subsidiary of Baxalta Inc./Takeda Pharmaceutical); 15-year Absolute Triple Net (Abs. NNN) lease with annual rent escalations.
Purpose-built BioLife Plasma facilitySupporting evidence
How is it financed, and what does it pay?
- Financing
- All cash. This offering reports no mortgage debt.
Who's behind it?
- Sponsor
- Four Springs (FSX)
- Legal Trust name
- FSC Healthcare 28, DST
- May convert to a REIT
- No
- Offerings from this sponsor
- 2 active / 10 total offerings from Four Springs (FSX)
Reported by the sponsor. Top1031 does not independently audit sponsor-reported figures.
What does the paperwork say?
- First Form D filedThe public offering record begins.
- Latest Form D filedThe most recent sponsor-filed checkpoint in this record.
- Filings on record
- 2
- How it may be offered
- Rule 506(c)May be advertised publicly. Every buyer’s accredited status must be verified.
- Source filing
- Read the filings on SEC EDGAR
A Form D is the notice a sponsor files when it starts raising money. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
DST interests are illiquid private securities. You may lose some or all of your investment. Distributions, tax treatment, and exit timing are not guaranteed. Review the current Private Placement Memorandum before investing.
Common questions
What happened to FSC Healthcare 28 (BioLife Plasma Services, Tucson AZ)?
Top1031 lists FSC Healthcare 28 (BioLife Plasma Services, Tucson AZ) as historical. It is no longer raising money.
Where does Top1031 get the data for FSC Healthcare 28 (BioLife Plasma Services, Tucson AZ)?
Top1031 builds this record from the sponsor’s own SEC filings and cited sponsor disclosures. Filings can lag what is happening now. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
Chapter 8Four Springs TEN31 Xchange Successfully Completes $160 Million in DST OfferingsFSXchange announced the successful completion of $160M in subscriptions across FSC Industrial Portfolio 27, DST (22 industrial properties, $150M) and FSC Healthcare 28, DST ($10.5M BioLife Plasma Services medical facility in Tucson, AZ) on a 15-year Absolute NNN lease. BioLife Plasma Services Signs Ground Lease to Open Second Location in Tucson–CBRECBRE announced BioLife Plasma Services signed a ground lease for a 15,000 SF retail development at N. Oracle Road and W. Auto Mall Drive in Tucson, AZ (the same site that became the HC28 DST property), with opening slated for 2023.