Net Lease N Illinois JLL closes $7M sale of TCF National Bank building in Chicago JLL Capital Markets announced has closed the $7 million sale of a 7,902-square-foot, single-tenant building, triple-net-ground leased to TCF National Bank in Chicago’s Lincoln Park neighborhood. JLL marketed the property on behalf of the seller and procured the Chicago-based buyer, which purchased the asset in a 1031 exchange.
Net Lease N Illinois 6th Annual Net Lease Summit Join RE Journals/Midwest Real Estate News on July 23 for the 6th Annual Net Lease Summit.
Net Lease O Indiana Marcus & Millichap closes McDonald's sale in Indianapolis A private real estate company, Vista Real Properties, Inc., based out of California, paid $1,695 million for the ground underneath a McDonald’s at 5617 Michigan Road in Indianapolis.
Net Lease N Illinois California buyer snaps up two-tenant Palatine retail property for $3.1 million Hanley Investment Group Real Estate Advisors and Greenstone Partners brokered the sale of a new-construction, two-tenant, retail pad building occupied by an Aspen Dental-branded practice and T-Mobile in Chicago’s desirable northwestern suburb of Palatine, Illinois. The sale price was $3,130,000.
Net Lease i Ohio Quantum Real Estate Advisors sells medical building in Akron Quantum Real Estate Advisors brokered the sale of a single-tenant medical office building at 999 N. Main St. in Akron, Ohio. The property sold for $970,000.
Net Lease N Illinois Net-leased medical properties see cap rate reversal How has the medtail phenomenon progressed in 2019? Single-tenant, net-leased medical properties saw a reversal of year-over-year cap rate movement.
Net Lease i Ohio Cooper Commercial sells auto parts store in Ohio The Cooper Commercial Investment Group closed the sale of a single-tenant O’Reilly Auto Parts in Kenton, Ohio.
Net Lease N Illinois Marcus & Millichap arranges sale of 4,000-SF net-leased property Marcus & Millichap closed the sale of a 4,000-square foot, net-leased Signature Bank located in Chicago, according to David G. Bradley, regional manager of the firm’s Chicago Downtown office. The asset sold for $2,400,000.
Net Lease N Illinois The Boulder Group arranges sale of net-leased Fresenius property The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single-tenant, net-leased Fresenius Medical Care property located at 1920 Sheridan Road in Zion, Illinois for $3,453,692.
Net Lease N Illinois Property with high-end furniture tenant sells in Chicago JLL closed the sale of a 9,794-square-foot, single-tenant retail property that is triple net leased to Walter E. Smithe, a family-owned and -operated local furniture business with four generations of experience. JLL marketed the property on behalf of the seller, a Chicago-based private partnership, and procured the buyer, a California-based family office, which purchased the asset in a 1031 exchange.
Net Lease L Iowa Marcus & Millichap sells Dunkin' Donuts in Des Moines Marcus & Millichap closed the sale of 2,168-square-foot net-leased Dunkin’ Donuts at 3611 SE 14th St in Des Moines, Iowa.
Net Lease N Illinois Marcus & Millichap arranges sale of net-leased property in Elk Grove Village Marcus & Millichap closed the sale of a Taco Bell ground lease, a 2,094-square foot net-leased property located in Elk Grove Village, Illinois, according to Steven D. Weinstock, regional manager and first vice president of the firm’s Chicago Oak Brook office. The asset sold for $1,218,000.
Net Lease W Minnesota The Boulder Group sells Dollar General in Minnesota The Boulder Group, completed the sale of a single-tenant Dollar General at 714 E Cedar St. in Houston, Minnesota, for more than $1.16 million.
Net Lease N Illinois JLL closes sale of new retail property in suburban Chicago JLL closed on the sale of a newly constructed, 18,000-square-foot, single-tenant retail property that is triple-net-leased to Goodwill in the Chicago suburb of Glenview, Illinois. JLL marketed the property on behalf of the seller, a Chicago-based merchant developer. Best Properties LLC of Florida purchased the asset in a 1031 exchange.
Net Lease N Illinois Morton, IL net-leased property sells for $1.3M Marcus & Millichap facilitated the sale of Enterprise Truck Rental Ground Lease, a 3,034-square foot net-leased property located in Morton, Illinois, according to Steven D. Weinstock, regional manager and first vice president of the firm’s Chicago Oak Brook office. The asset sold for $1,365,000.
Net Lease i Ohio Marcus & Millichap sells Bob Evans restaurant in Ohio Marcus & Millichap recently sold a 5,969-square-foot net-leased Bob Evans property in Eaton, Ohio. The asset sold for $738,889.
Net Lease X Missouri Boulder Group sells Arby's in Missouri The Boulder Group completed the sale of a single-tenant net-leased Arby’s ground lease property at 15676 Manchester Road in Ellisville, Missouri, for $1.355 million.
Net Lease N Illinois Quantum Real Estate Advisors brokers sale of industrial net lease manufacturing facility Quantum Real Estate Advisors, Inc. has brokered the sale of a net lease industrial property located in Melrose Park, Illinois. The tenant, who has operated a metal grinding business for over 30 years, ended up acquiring the property. The investment traded at a 9.25 percent CAP, which was less than one percentage point off the list price.
Net Lease N Illinois Midwest Commercial Hall of Fame: Boulder Group's Jimmy Goodman Each year, Midwest Real Estate News inducts new members into its Commercial Real Estate Hall of Fame. We are running profiles of these new members each week on REjournals.com. This week, we feature Jimmy Goodman, partner with the Boulder Group in the Chicago suburb of Wilmette, Illinois.
Net Lease W Minnesota Boulder Group sells Dollar General in Minnesota The Boulder Group completed the sale of a single-tenant Dollar General at 555 Meeker Ave’ W in Eden Valley, Minnesota, for $1.224 million.