Net Lease Physicians Immediate Care Property Sold in Chicago

Net Lease Physicians Immediate Care Property Sold in Chicago

Northbrook, IL – January 6, 2015 – (RealEstateRama) — The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant Physicians Immediate Care medical related property located at 6140 North Broadway in Chicago, IL for $2,325,000.

Randy Blankstein and Jimmy Goodman of The Boulder Group represented the seller in the transaction which was Crossroads Development. The purchaser was a high net worth individual in a 1031 Exchange.

“Medical related properties featuring long term leases with multiple rental escalations continue to be highly sought after amongst the investor community as they provide an inflationary hedge” said Randy Blankstein, President of The Boulder Group.

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The Boulder Group is a boutique investment real estate service firm specializing in single tenant 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 arranged the acquisition and disposition of over $2.1 billion of single tenant net lease real estate transactions. In 2010-2014, the firm was ranked in the top 10 companies in the nation for single tenant retail transactions by Real Capital Analytics. The Boulder Group is headquartered in suburban Chicago

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Phone: 847-562-0003