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.
Net Lease N Illinois The Fed gives net lease market a boost as cap rates shift down Asking cap rates in the single-tenant, net lease investment sector descended for the second consecutive quarter. This phenomenon—which retail, industrial and office property types all experienced—was supported by a variety of economic factors including the Federal Reserve’s lowering of the interest rate.
Net Lease N Illinois Marcus & Millichap arranges sale of net-leased KFC in Rockford Marcus & Millichap facilitated the sale of a 1,999-square foot, net-leased KFC in Rockford, Illinois. The asset, which is located at 1502 N. Kilburn Avenue in a desirable, highly trafficked location, sold for $700,000.
Net Lease N Illinois Quantum brokers sale of a single-tenant Studio Movie Grill in Chicago Quantum Real Estate Advisors, Inc. has brokered the sale of a single-tenant, net-leased property located at 210 W. 87th Street in Chicago. The freestanding building is leased to Studio Movie Grill and has been a movie theater since its inception.
Net Lease v Wisconsin Stan Johnson Company sells National Park Service building in Wisconsin Stan Johnson Company completed the sale of 37705 Roys Point Blvd. in Bayfield, Wisconsin, a single-tenant, 26,640-square-foot office building occupied by the National Park Service. The property traded for about $7.8 million.
Net Lease N Illinois Envoy Net Lease forms JV with private investment firm with over $10B in backing Envoy Net Lease Partners, a Chicago-based capital provider to the net lease real estate sector, announced the formation of a joint venture with a global private equity firm. The new joint venture is one of the few that involves an institutional investor making a capital commitment to the high-leverage build-to-suit construction lending market, a specialty financing niche that provides up to 100 percent loan-to-cost construction financing for single-tenant net lease properties.
Net Lease N Illinois STREAM Capital Partners welcomes Graham Gold Graham Gold recently joined STREAM Capital Partners' net lease and sale leaseback group. Based in Chicago, Gold will be vice president of sale leaseback and net lease transactions, advising clients on the acquisition and disposition of net-leased assets nationwide.
Net Lease X Missouri Boulder Group closes $1.4 million Jiffy Lube sale in Missouri The Boulder Group has completed the sale of a single-tenant net-leased Jiffy Lube property at 11345 New Halls Ferry Road in Florissant, Missouri, for more than $1.405 million.
Net Lease i Ohio Boulder Group closes $3.7 million sale of Dollar General properties The Boulder Group has completed the sale of three single-tenant net-leased Dollar General Properties for more than $3.722 million.
Net Lease Midwest Optimism reigns at fifth annual Net Lease Summit — but attendees warned to stick to their knitting About 175 commercial real estate and net lease investment professionals from across the country gathered July 25 at the University Club of Chicago for REjournals’ and Midwest Real Estate News’ fifth annual Net Lease Summit. The goal? To take a closer look at where the net lease industry stands at the midpoint of the year.
Net Lease N Illinois Hanley Investment Group arranges pre-sale of new, single-tenant ALDI Hanley Investment Group Real Estate Advisors arranged the pre-sale of a new-construction, single-tenant ALDI at Litchfield Plaza shopping center in Litchfield, Illinois. The sale price was $1,675,000 for the triple-net absolute ground lease. This is Hanley Investment Group’s seventh ALDI investment sold or on the market in the last 12 months.
Net Lease i Ohio Marcus & Millichap sells Domino's restaurant in Ohio Marcus & Millichap sold Domino’s, a 1,951-square-foot net-leased property in Batavia, Ohio. The asset sold for $809,850.
Net Lease Midwest Newmark Knight Frank's Berres: Net lease sector still a robust one The net lease market, like much of the commercial real estate industry, is in the middle of a busy 2019. Investors are still bullish on net lease assets and aren’t afraid to sink their dollars into them. And the best news? CRE executives say that they expect even more growth in the net lease market.
Net Lease N Illinois SVN Chicago Commercial brokers NNN McDonald's deal in Hoffman Estates SVN Chicago Commercial facilitated the sale of a single-tenant absolute NNN McDonald’s ground lease in Hoffman Estates, Illinois. The retail property, located at 2270 W. Higgins Road, sold to a purchaser out of California as part of a 1031 exchange. The property sold for $2,150,000.
Net Lease v Wisconsin Boulder Group sells ATI in Wisconsin The Boulder Group has completed the sale of a single-tenant ATI Physical Therapy property at 3234 Superior Ave. in Sheboygan, Wisconsin, for $1.425 million.