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

Puget Sound Multifamily Fundamentals Attempt Recovery as Construction Picks Up

Urban Standard Seeks $1B in Originations From Luxury Residential Fund

Retail Developers Rely on AI and Preleasing to Make Projects Pencil

Harrison Street to Develop $230M Student Housing Project at University of San Diego

Higher Yields Create New Buying Opportunity in Retail

Airbnb Initiative Unlocks $5B in Capital to Advance Stalled Housing Projects

Stockdale Capital Continues Retail Repositioning Strategy in $157M Acquisition

Wednesday, June 10, 2026

Wednesday, May 20, 2026

Tuesday, April 14, 2026