Press Releases

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Shopko Hometown property located at 110 Watters Drive in Dwight, Illinois for $2,115,000.

Randy Blankstein, President of the national net lease advisory firm The Boulder Group, will be the conference chair of the Midwest Real Estate News 2nd Annual Net Lease Summit Conference in Chicago on July 20th, 2016. Additionally, he will be moderating a panel at the conference discussing the state of the Net Lease Market

“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.

House hunting continues to move in a digital direction, and the ability to pursue property listings online certainly makes the home-search process simpler. Nonetheless, RE/MAX advises buyers to review online listings with their limitations as well as their benefits in mind

David J. Friedman, President of Conor Commercial Real Estate, a member of The McShane Companies, is pleased to announce the launch of Fountain Square Commerce Center – a new 70-acre, Class A multi-building industrial business park. Located within the premier I-55 corridor at Remington Boulevard and South Schmidt Road in Bolingbrook, Illinois, the well-positioned development offers easy access to the full I-55 interchange at I-55 and Route 53 and is in close proximity to the I-355 interchange. Construction is currently underway with delivery scheduled for Summer 2016.

Since it was constructed in 1973, a 424-unit multifamily property in Chicago’s southwestern corner has been known as Southgate Apartments, but under its new ownership that’s changing. Substantial upgrades and the opening of a new on-site leasing office will launch the property’s new identity as Midpointe Apartments, announced Elie Rieder, founder and CEO of Castle Lanterra Properties. The New York-based CLP acquired the four-story, eight-building property in April 2014.

The Land Report, a national magazine and news source serving American land owners, has recognized Mossy Oak Properties AgriRec Land & Auction as one of the Best Brokerages for land sales in 2014. The ranking is based on domestic land sales closed during the calendar year.

Seven RE/MAX brokers in the metropolitan Chicago real estate market were among the Top 250 Latino Agents in the United States in the most recent annual assessment by the National Association of Hispanic Real Estate Professionals® (NAHREP).

Tune in to ABC’s local morning news in Chicago or Good Morning America to see metro Chicago Realtor Amy Kite side-by-side with real estate magnate Barbara Corcoran in an endorsement commercial.

Johnson, 26, will oversee marketing and public relations efforts for the RE/MAX Northern Illinois region, working with the media, implementing brand management strategies to increase the RE/MAX market share, managing the RE/MAX hot air balloon program and overseeing the region's fundraising efforts for Children's Miracle Network Hospitals and Lurie Children’s Hospital of Chicago.

Chicago-based Baum Realty Group, LLC (“Baum”), one of the Midwest’s leading retail brokerage firms, is pleased to announce that Baum’s Investment Sales Team brokered the sale of a multi-tenant commercial condominium in Chicago, IL

The transactions include an expansion by RTC, Inc. and a new lease with APL Warehouse Logistics Management, Inc. in two of its buildings in Crossroads Business Park in Bolingbrook, and a new lease with Midwest Air Technologies, Inc. in 1341 Enterprise Drive, a 324,115-square-foot speculative warehouse it delivered in May in Romeoville.

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant Starbucks property located at 7101 South Stony Island Avenue in Chicago, IL for $1,460,000.

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Walgreens property located at 732 West Old Ridge Road in Hobart, Indiana for $6,093,000.

It is an exciting time for the Chicago office of Lee & Associates as we have been able to strengthen our retail bench with the addition of four exceptional retail brokers since the beginning of 2015. These brokers bring a combined 128 years of experience. We are pleased to introduce Mike Woldman, Edward Winslow, CCIM, Joe Grody and Jeffrey Howard.