Net Lease O Indiana Stan Johnson Company sells healthcare building in Indiana Stan Johnson Company has completed the sale of a free-standing 3,800-square-foot healthcare building occupied by St. Vincent Medical Group. At 602 N. 5th St. in Middletown, Indiana, the facility is located 15 miles southwest of Muncie, Indiana and only one hour from Indianapolis.
Net Lease N Illinois Retail property sells in Chicago’s south suburbs for $3.7 million Marcus & Millichap announced the sale of a 7,098-square-foot retail property located in Flossmoor, Illinois, according to Steven D. Weinstock, regional manager of the firm’s Chicago Oak Brook office. The asset sold to a local 1031 buyer at 97.8 percent of list price for $3,725,000.
Net Lease N Illinois Net-leased CVS sells for $3.2 million in Chicago Marcus & Millichap announced the sale of a 22,007-square-foot net-leased property located in Chicago, according to David G. Bradley, regional manager of the firm’s Chicago Downtown office. The asset sold in an all-cash transaction within 95 percent of list price for $3,250,000.
Net Lease Midwest Commercial Real Estate Hall of Fame: The Boulder Group's Randy Blankstein Each year, Midwest Real Estate News elects a new class to its Midwest Commercial Real Estate Hall of Fame. Our 2018 class has just been announced, and copies of that issue have been sent. But before we start running those profiles online, we are highlighting the careers of the CRE pros who were selected for our 2017 Hall of Fame class. This week, we look at the successful career of Randy Blankstein, president of The Boulder Group in the Chicago suburb or Northbrook, Illinois.
Net Lease W Minnesota The Boulder Group sells TCF Bank in Minnesota The Boulder Group completed the sale of a single-tenant TCF Bank at 200 25th Ave. S in St. Cloud, Minnesota, for $3.1 million.
Net Lease N Illinois Bankruptcies and store closures agitate the big box, net lease market The wave after wave of retail tenant bankruptcies and store closures continues to have reverberations among active investors. However, though cap rates are on the rise, according to the Net Lease Big Box Sector Report released by Wilmette, Illinois-based The Boulder Group, the forecast is not all bad for this sector.
Net Lease i Ohio Boulder Group closes Long John Silver's sale in Ohio The Boulder Group completed the sale of a single-tenant net-leased Long John Silver’s property at 1210 Park Ave. West in Mansfield, Ohio, for $623,086.
Net Lease N Illinois The Boulder Group arranges $14.8M sale of net-leased Jewel-Osco grocery The Boulder Group, a net leased investment brokerage firm, completed the sale of a single-tenant, net-leased Jewel-Osco property located at 1660 Larking Avenue in Elgin, Illinois. The property sold for $14,800,000.
Net Lease i Ohio Cooper Commercial sells Rite Aid location near Cleveland Cooper Commercial Investment Group closed the sale of a single-tenant Rite Aid location in Parma, Ohio, a suburb of Cleveland.
Net Lease N Illinois CRE Future Leaders: Jimmy Goodman As part of our series, CRE Future Leaders, we caught up with Jimmy Goodman, partner at The Boulder Group, a boutique investment real estate service firm specializing in net-lease properties. The firm provides a full range of brokerage, advisory and financing services nationwide to a substantial and diversified client base, which includes high net worth individuals, developers, REITs, partnerships and institutional investment funds.
Net Lease N Illinois 5th Annual Net Lease Summit Join RE Journals on July 25th for the 5th Annual Net Lease Summit.
Net Lease v Wisconsin The Boulder Group closes net-lease sale in Wisconsin The Boulder Group completed the sale of a single-tenant net-leased property at 400 S. Pine St. in Burlington, Wisconsin, for $810,000.
Net Lease O Indiana Boulder Group sells Family Dollar in Indiana The Boulder Group closed the sale of a single-tenant Family Dollar at 1320 Vann Ave. in Evansville, Indiana, for $616,216.
Net Lease o S Dakota Boulder Group closes sale of Shopko in South Dakota The Boulder Group closed the sale of a single-tenant net-leased Shopko Hometown property at 2105 Lazelle St. in Sturgis, South Dakota, for $2.052 million.
Net Lease V Michigan Friedman sells net-leased flooring property in Michigan Friedman Real Estate recently sold a NNN leased Art Van Flooring property located at 46511 Van Dyke Ave. in Shelby Township, Michigan.
Net Lease N Illinois Marcus & Millichap arranges $3.7M sale of dialysis center Marcus & Millichap facilitated the sale of a 9,703-square-foot, net-leased DaVita Dialysis Center, located in South Holland, Illinois. The asset sold in a 1031-exchange to an out-of-state buyer for $3,707,000. Valerie Cook, senior associate, and senior vice presidents–investment Austin Weisenbeck and Sean R. Sharko of the firm’s Chicago Oak Brook office, represented the seller in their 12th DaVita Dialysis sale of the last 24 months.
Net Lease N Illinois Cap rates on the rise for net-leased medical market Medical uses continue to migrate away from their traditional homes on hospital campuses to retail-oriented sites. Even as they are overshadowed by non-investment grade property volume, this “medtail” trend is growing in popularity among investors, sending cap rates up.
Net Lease N Illinois Marcus & Millichap facilitates sale of Galesburg retail property Marcus & Millichap announced the sale of a 5,000-square-foot, net-leased Sherwin-Williams property located in Galesburg, Illinois, according to Steven D. Weinstock, regional manager of the firm’s Chicago Oak Brook office. The asset went from list to closed in 25 days and sold for 96 percent of list price for $505,000.
Net Lease i Ohio The Boulder Group sells Taco Bell in Ohio The Boulder Group completed the sale of a single-tenant net-leased Taco Bell property at 1194 Park Avenue West in Mansfield, Ohio for $642,783.
Net Lease i Ohio Marcus & Millichap sells childcare facility in Ohio Marcus & Millichap sold a 13,920-square-foot net-leased childcare property in Reynoldsburg, Ohio, for $3.95 million.