Kingsbarn Purchases Medical Property in Orange County, California

**Las Vegas, NV, July 6, 2020**  – Kingsbarn Realty Capital (“Company” or “Kingsbarn”) announced the acquisition of a +/- 34,000 sq. ft., Class-A, medical office building in Aliso Viejo, California—the heart of the vibrant Orange County region.

“This triple-net leased medical facility is right down the middle of the fairway for us. It checks all the boxes we look for,” stated Jeff Pori, CEO of Kingsbarn Realty Capital. “The property is leased to a single tenant, NeoGenomics, for 15 years.” NeoGenomics Laboratories, Inc. is a publicly traded cancer diagnostics and pharma services company with a market capitalization of $3 billion. “In addition, the lease calls for healthy three percent annual increases to the rental rate.” “In this challenging real estate environment, this type of asset is what investors look for and we are extremely pleased to be able to provide it,” Pori added.

The property has undergone over $3 million in renovations in conjunction with the NeoGenomics lease. NeoGenomics, which is traded on the Nasdaq Stock Exchange under the ticker symbol “NEO”, has over 1,600 employees worldwide and has a network of testing facilities in California, Texas, Tennessee, and Florida—which is where the company is headquartered.

The purchase of the NeoGenomics property, which is located at 51 Columbia, Aliso Viejo, California, marks the sixth commercial property Kingsbarn has acquired since the onset of the Covid-19 virus outbreak.

The Company’s affiliate, Kingsbarn Real Estate Capital, intends to offer interests in the NeoGenomics property as a DST—a separate legal entity that qualifies under Section 1031 as a tax-deferred exchange. This investment structure provides investors with fractional ownership in higher-quality properties to help diversify their investment portfolios. 1031 exchange investors can immediately invest in this offering with a minimum investment of $250,000. There is a total of $11,400,000 of equity available in this offering.

**About Kingsbarn Realty Capital**  
Kingsbarn Realty Capital is a real estate private equity firm focused on acquiring high-quality property assets throughout the United States. Kingsbarn structures its real estate investment opportunities for both fractional 1031 investors as well as customized portfolio solutions for large scale investors seeking single allocations. Kingsbarn’s management team has wide-ranging experience developing, managing, and sponsoring a diverse array of stabilized, income-driven properties. Kingsbarn has acquired and currently operates over $500 million of commercial real estate throughout the United States.

Share this page:

REAL ESTATE NEWS

COMPANY NEWS

Kingsbarn Purchases Medical Property in Orange County, California

Sixth Street in $176M Deal Adds Year-Round Colorado Hotel Ski Resort to Portfolio

San Francisco Multifamily Vacancy Drops to 25-Year Low as AI Fuels Bay Area

C-Suite Women Share Career Lessons On Risk And Longevity

Senior Housing Growth Faces Headwinds Despite Strong Demand

How One Brokerage Uses AI to Find Deals Faster

Baldwin Takes Advantage of Speedier HUD Program With $102M Chula Vista Refi

New San Francisco Office Foreclosures Creating Recap and Reposition Opportunities

Wednesday, May 20, 2026

Tuesday, April 14, 2026

Thursday, February 12, 2026