The Boulder Group Named Exclusive Advisor for Net Leased Ashley Furniture Disposition
The Boulder Group, a national net lease investment brokerage firm
, has been named the exclusive advisor for sale of a two tenant net leased property in Bolingbrook, Illinois.
The investment sales team will be led by Boulder Group President Randy Blankstein and partner Jimmy Goodman who are marketing the recently constructed property on behalf of a private Chicago based investment partnership.
The subject property is a 62,816 square foot property built in 2007. The asset is strategically located directly across the street from a new Costco that is being developed and scheduled to open in November 2010. The property is located just east of I-355 with prominent exposure from the Interstate. Boughton Road has a full interchange with I-355 and a traffic signal at the ramps, allowing easy commuter access to the property. There are 109,300 vehicles passing the site daily on the Interstate and 24,100 vehicles passing the site on Boughton Road. Bolingbrook is an affluent Chicago suburb and a regional trade area anchored by The Promenade power center, IKEA, Bass Pro Shops, and the Costco opening in November. There are over 221,000 people in a five mile radius of the property with an average household income of $94,600
About The Boulder Group
The Boulder Group is a boutique investment real estate servicefirm specializing innet 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 theacquisition and disposition of more than $1.2 billion of net lease real estate transactions through several real estate cycles. The firm's internet address is
www.bouldergroup.com The Boulder Group Named Exclusive Advisor for Net Leased Ashley Furniture Disposition
By: Randy Blankstein
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The Boulder Group Named Exclusive Advisor for Net Leased Ashley Furniture Disposition Rosemead