Monday, January 31, 2011

The Boulder Group Completes Sale of Triple Net Lease Walgreens Property


The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Walgreens property located in St. Paul, MN for $5,909,000. The 14,490 square foot building sits on a 1.18 acre parcel is 100% leased on a long term basis to Walgreens.

Randy Blankstein and Jimmy Goodman of The Boulder Group represented the 1031 exchange buyer, a private family trust based in California. The seller was a preferred Midwest Walgreens developer.

“This efficient transaction was completed in twenty-five days from the initial contact with the developer” said Jimmy Goodman, Partner of The Boulder Group. Randy Blankstein, President of The Boulder Group, added, “Walgreen’s properties in major metropolitan areas continue to be in high demand for 1031 exchange investors.”
About The Boulder Group

The Boulder Group is 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. Founded in 1997, the firm has participated in the acquisition and disposition of more than $1.2 billion of net lease real estate transactions through several real estate cycles. The Boulder Group is headquartered in suburban Chicago. The company’s internet address is www.bouldergroup.com

Friday, January 28, 2011

Buyer Requirement for triple net leased CVS Ground Lease

The Boulder Group is representing a buyer who is looking to purchase multiple CVS ground leased properties. see detailed acquisition criteria at http://lnkd.in/jds5VF

Tuesday, January 25, 2011

Monday, January 17, 2011

NNN triple net Walgreens for sale


The Boulder Group was hired to sell a triple net leased Walgreens at 111th and kedzie in Chicago. see www.bouldergroup.com/listings.html for more information