Capital Square's CSRA/Kay Richmond MOB, DST reached full cycle in July 2025 when the Richmond, Virginia medical office building it owned was sold. The Delaware Statutory Trust (DST) holds the property at 1000 Boulders Parkway, leased to Pulmonary Associates of Richmond; it filed its first Form D on September 4, 2015, and the sale closed July 25, 2025, a span of roughly nine years and ten months between first filing and disposition.
Offering as filed | |
|---|---|
Sponsor | Capital Square |
Asset class | Commercial, medical office |
Exemption | 506(b) |
Offering ceiling | $2,316,000 |
Minimum investment | $25,000 |
The sale record names PAR Boulders, LLC as seller and Elliott Bay Medical Properties LLC as buyer, at $9 million, as reported by Cushman & Wakefield | Thalhimer, whose capital markets group arranged the deal.
No investor return is on the record. No Capital Square press release naming this trust or disclosing a total return, annualized return, or equity multiple was found, and the sale coverage reports the building's price, not the eventual result for investors.