Silver Star Properties Completes Sale of 127,696 SF Retail Center in Arlington, Texas

July 6, 2023

Silver Star Properties REIT, Inc. (Silver Star Properties), announces the sale of its Cooper Street Plaza retail center in Arlington, Texas, as it continues a strategic move to reposition the REIT, streamline its operations, and optimize its balance sheet.

Cooper Street Plaza is a bustling 4-building, 127,696 square foot retail center conveniently located just one light south of I-20 Ronald Regan Memorial Highway. Since it was acquired in 2012, the center has averaged 90% occupancy and boasts a diverse array of well-known tenants, including Home Depot, Office Max, K&G and Black Rifle Coffee Co.

Commenting on the disposition, the Company’s President, David Wheeler, shared, “The sale of Cooper Street is another milestone toward our repositioning of assets into self-storage and our effort to improve the balance sheet through a 1031 tax-free exchange.”

Resources

Risk Considerations

Forms

REIT Education

REIT Investing

About Non-Traded REITs

Glossary of REIT Terms

News & Multimedia

News

Multimedia

Contact

Shareholder Forms:

Silver Star Properties REIT, Inc.
P.O. Box 2189
San Rafael, CA 94912
844-932-1769

Corporate:

Silver Star Properties REIT, Inc.
2909 Hillcroft, Suite 420
Houston, Texas 77057
713-467-2222
800-880-2212

1 Silver Star Properties REIT, Inc. and its affiliates. Results are not guaranteed. Past performance is not indicative of future results. Please refer to the Prospectus for more information and important disclosures.

THE CONTENTS OF THIS WEBSITE CONSTITUTE NEITHER AN OFFER TO SELL NOR A SOLICITATION OF AN OFFER TO BUY ANY SECURITY; OFFERS CAN BE MADE ONLY BY THE PROSPECTUS OR PRIVATE PLACEMENT MEMORANDUM. THIS MATERIAL MUST BE READ IN CONJUNCTION WITH THE PROSPECTUS IN ORDER TO FULLY UNDERSTAND ALL OF THE IMPLICATIONS AND RISKS OF THE OFFERING OF SECURITIES TO WHICH IT RELATES. A COPY OF THE PROSPECTUS MUST BE MADE AVAILABLE TO YOU IN CONJUNCTION WITH ANY OFFERING.

NO OFFERING IS MADE EXCEPT BY A PROSPECTUS FILED WITH THE DEPARTMENT OF LAW OF THE STATE OF NEW YORK. NEITHER THE ATTORNEY GENERAL OF THE STATE OF NEW YORK NOR ANY OTHER STATE REGULATORS HAVE PASSED ON OR ENDORSED THE MERITS OF THIS OFFERING. ANY REPRESENTATION TO THE CONTRARY IS UNLAWFUL.

Performance Not Guaranteed: Past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections are not guaranteed and may not reflect actual future performance.

Risk of Loss: All securities involve a high degree of risk and may result in partial or total loss of your investment.

This is a website owned and operated by Silver Star Properties REIT, Inc. By accessing this site and any pages thereof, you agree to be bound by our Terms and Conditions and Privacy Policy. Neither Silver Star Properties REIT, Inc. nor its affiliates provide investment advice or make investment recommendations. No communication, through this website or in any other medium, should be construed as a recommendation for any security offering on or off this investment platform.