Investing

CBRE Executive Vice President Philip D. Voorhees announced today that he, Jimmy Slusher and their National Retail Investment Group – West (NRIG-West) team completed the sale of Southgate Plaza, a 339,369-square-foot grocery-anchored shopping center in Sacramento, Calif., leased to three high-performing grocers, Walmart Neighborhood Market, 99 Ranch Market and 99 Cents Only, along with a complementary mix of co-tenants including, Ross Dress for Less, Skechers, Baskin Robbins, Sally Beauty, Payless Shoe Source, Chase Bank, Farmer & Merchants Bank, Taco Bell, H&R Block and others.

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant Valvoline property located at 1321 South Breiel Boulevard in Middletown, Ohio for $360,000

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant Athletico Physical Therapy property located at 8905 South Commercial Avenue in Chicago, Illinois for $1,025,000. The Athletico Physical Therapy property is located in a densely populated area with significant barriers to entry. More...

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Best Buy property located at 6502 Grape Road in South Bend, Indiana for $9,009,000. The Best Buy is strategically positioned in a regional retail trade area approximately three miles from the prestigious University of Notre Dame. More...

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net lease Qdoba property located at 3225 Alpine Avenue NW in Grand Rapids, MI for $1,045,000.

In an environment that is experiencing changing demographics, a shrinking workforce, and reduced spending, the conventional wisdom is that brick and mortar retail building supply companies should be shying away from the big box format, opting instead for smaller formats with leaner inventories. Central Valley, a San Francisco Bay Area-based building supply company, is taking a more aggressive stance, by partnering with Simpson Strong-Tie, the industry leader in engineered structural connectors.

According to Manny Gonzalez, FAIA, LEED AP and principal, with international, award-winning KTGY Architecture + Planning, National Multifamily Housing Council’s (NMHC) research shows that aging boomers will represent a larger share of growth in the apartment market as millennials begin to marry, have children and buy homes.

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant Starbucks property located at 630 Northwest Highway in Cary, Illinois for $1,650,000.

Meridian, a full-service real estate developer and owner of medical real estate, is pleased to announce that it has closed escrow on the sale of its 13,750-square-foot dialysis clinic in Palmdale, Calif.

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Walgreens property located at 4385 South Archer Avenue in Chicago, IL for $6,465,000

Thompson | Dorfman Partners, LLC (TDP), a San Francisco Bay Area real estate development and investment firm, through its TDT Ventures (TDT) subsidiary, and equity partner, BayNorth Capital of Boston, announced today that the venture sold a 68-unit apartment community in Alameda County, Calif., for $14,268,000, representing $209,824 per unit; $307 per square foot. TDT purchased Solaris Apartments in 2008 for $7.1 million. More...

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased CVS Pharmacy located at 6820 North Pear Tree Lane in Peoria, Illinois for $4,198,000. More...

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a McDonald’s ground lease located at 1070 North Roselle Road in Hoffman Estates, Illinois for $2,990,000.

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that Executive Vice President Eric Wohl negotiated the sale of Raceway Commons, a 32,748-square-foot multi-tenant retail in the city of Indianapolis, Indiana. The purchase price was $7.9 million.

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant new construction Dollar General located at 6292 US Route 77 in Riviera, Texas for $1,260,000. More...

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant new construction Dollar Tree located at 1940 Main Street in Green Bay, Wisconsin for $1,678,000. More...