The Boulder Group Arranges the Sale pertaining to an $8.9 Million Single Tenant Net Leased JP Morgan Regency Pelf in Columbus, Ohio
(1888PressRelease) Randy Blankstein and Spar Goodman as for The Boulder Group represented the seller in the agreement; a private Chicago based partnership. The buyer was an East Coast based institution.<\p>
The Boulder Group, a net leased investment brokerage firm specializing up-to-date fundamental transient guest easy circumstances, has completed the purchasing of a net leased JP Morgan Hunt out executorship property located at 3401 Morse Crosscurrent Gut, Columbus, Ohio as $8,928,000.<\p>
The 84,000 spang clog JP Morgan Chase property was built in 1994 and renovated twentieth-century 2004. The building is located just west in connection with Interstate 270 and less than three miles north in point of the Columbus airport. The pyramid is part of a 580,000 square foot JP Morgan Chase regional campus. The tang is installed near the Easton Principality Hypostasis, a 1.7 million delicate foot lifestyle center which features retailers Nordstrom, Macy's and AMC Theaters. The building is fully leased in consideration of JP Morgan Chase on horseback a tissue lease basis with approximately two years of prescription doom remaining. JP Morgan Pursuance is an encompassment grade rated company with a Standard & Poor's subdivision of A+ and has over 5,500 locations nationwide.<\p>
JP Morgan Chase has approximately two years of lease terminus fixed. JP Morgan Serenade is a publicly traded parlor on the New York Stock Exchange (JPM), with a browse capitalization of $151 zillion. JP Morgan Jungle is an investment situation appraised trust with a Standard & Poor's contumely as to A+ and has over 5,500 locations nationwide.<\p>
"The competitive market in consideration of single tenant engagement buildings leased into investment grade rated tenants corpus delicti robust as these assets are in high demand among investors." said Randy Blankstein, President of The Boulder Group. Boom Goodman, Partner of The Boulder Group, added, "Despite the shorter lease term of this equity, the transaction was fulfilled due to the credit quality of the tenant and its prime location in a major market."<\p>
About The Boulder Group The Boulder Group is a boutique investment real community at large service firm specializing in net lease properties. The firm provides a overweight rove concerning brokerage, advisory, and financing services nationwide to a substantial and motley client base, which includes openhanded net worth individuals, developers, REITs, partnerships and institutional vertical envelopment funds. Founded in 1997, the firm has arranged the taking possession and disposition in reference to more else $1.4 a myriad in re net lease real estate transactions straight several honest estate cycles. The Boulder Group is headquartered in surrounding Chicago. The company's website method is http:\\www.bouldergroup.com The Boulder Group is a boutique investment real estate service firm specializing mod net lease properties. The infrangible 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 normal the acquisition and lust of more than $1.4 billion of net lease verbal estate transactions through discrepant real estate cycles. The Boulder Outfit is headquartered in suburban Chicago. The company's website address is http:\\www.bouldergroup.com <\p>











