The Boulder Group recently announced the completion of three sales totaling 38,077 square feet in Texas and Ohio.
The total value of the transactions was $12.8 million.
In Cedar Park, Texas, a $5 million sale was consummated for a 14,490-square-foot, single-tenant net lease on which Walgreen’s holds a 25-year triple net lease.
In Leander, Texas, a $4.6 million sale was consummated for a 14,490-square-foot, single-tenant net lease on which Walgreen’s also holds a 25-year triple net lease.
A Miami investor purchased both properties as part of 1031 exchanges arising from the sale of apartment buildings.
In Defiance, Ohio, a $3.2 million sale was consummated for a 19,097-square-foot, single-tenant net lease on which Tractor Supply holds a 15-year triple net lease. A Los Angeles investor purchased the property as part of a 1031 exchange.
The Boulder Group, based in Northbrook, Ill., is an investment real estate firm providing a full range of brokerage, advisory and financing services nationwide.
