{"id":1004183660,"date":"2017-07-12T07:36:53","date_gmt":"2017-07-12T15:36:53","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004183660"},"modified":"2022-12-08T20:17:38","modified_gmt":"2022-12-09T04:17:38","slug":"boulder-group-brokers-retail-property-sale","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/boulder-group-brokers-retail-property-sale\/","title":{"rendered":"Boulder Group Brokers Retail Property Sale"},"content":{"rendered":"<p>By Roxana Baiceanu<\/p>\n<div id=\"attachment_1004183661\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/07\/Mobilityworks-Niles-Ill..jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004183661\" data-attachment-id=\"1004183661\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/boulder-group-brokers-retail-property-sale\/mobilityworks-niles-ill\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/07\/Mobilityworks-Niles-Ill..jpg\" data-orig-size=\"800,600\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;10&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;Canon EOS DIGITAL REBEL XS&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1487032081&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;21&quot;,&quot;iso&quot;:&quot;200&quot;,&quot;shutter_speed&quot;:&quot;0.005&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"9207 N. Milwaukee Ave., Niles, Ill.\" data-image-description=\"&lt;p&gt;9207 N. Milwaukee Ave., Niles, Ill.&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;9207 N. Milwaukee Ave., Niles, Ill.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/07\/Mobilityworks-Niles-Ill..jpg?w=800\" class=\"wp-image-1004183661 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/07\/Mobilityworks-Niles-Ill..jpg\" alt=\"9207 N. Milwaukee Ave., Niles, Ill.\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/07\/Mobilityworks-Niles-Ill..jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/07\/Mobilityworks-Niles-Ill..jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/07\/Mobilityworks-Niles-Ill..jpg?resize=768,576 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004183661\" class=\"wp-caption-text\">9207 N. Milwaukee Ave., Niles, Ill.<\/p><\/div>\n<p>The Boulder Group closed on a $2.5 million retail property sale in Niles, Ill. The company represented both the seller, a Midwest-based investor, and the buyer, a private individual.<\/p>\n<p>The 13,122-square-foot property is located at 9207 N. Milwaukee Ave. and fully leased by MobilityWorks, a provider of wheelchair accessible vans. The company recently renewed its agreement for the next 12 years. The net lease features a rental escalation in the eighth lease year and in each of the two five-year renewal option periods.<\/p>\n<p>\u201c<em>The market for <a href=\"https:\/\/www.commercialsearch.com\/news\/nothing-but-net\/\">net lease properties<\/a> in top MSAs remains active as these assets are in high demand among investors,<\/em>\u201d Randy Blankstein, president of The Boulder Group, said in prepared remarks.\u00a0 \u201c<em>While single tenant properties are selling in all types of locations, core markets, like Chicagoland, are at the forefront of investor demand,<\/em>\u201d added Jimmy Goodman, a partner with the company.<\/p>\n<h2>Active retail area<\/h2>\n<p>The property is situated\u00a0in a highly trafficked intersection, across the street from super-regional mall Golf Mill Shopping Center, Millbrook Shopping Center and an XSport Fitness gym. The nearby area features a mix of residential communities and businesses including Walmart, Marshalls, Ashley Furniture, Office Depot, Old Navy, AutoZone and Party City.<\/p>\n<p>Blankstein and Goodman made up the brokers team representing the seller and the buyer in the transaction.<\/p>\n<p><em>Image courtesy of The Boulder Group<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The transaction closed at $2.5 million. The 13,122-square-foot asset is located in Niles, Ill., and is fully leased by MobilityWorks, a provider of wheelchair accessible vans. <\/p>\n","protected":false},"author":1064,"featured_media":1004183661,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,1491,21743,13,21742,21749],"tags":[33840,33428,32940],"class_list":["post-1004183660","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-chicago","category-deals","category-midwest","category-latest","category-retail","tag-jimmy-goodman","tag-randy-blankstein","tag-the-boulder-group"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Boulder Group Brokers Retail Property Sale - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/boulder-group-brokers-retail-property-sale\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Boulder Group Brokers Retail Property Sale\" \/>\n<meta property=\"og:description\" content=\"The transaction closed at $2.5 million. The 13,122-square-foot asset is located in Niles, Ill., and is fully leased by MobilityWorks, a provider of wheelchair accessible vans.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/boulder-group-brokers-retail-property-sale\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2017-07-12T15:36:53+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T04:17:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/07\/Mobilityworks-Niles-Ill..jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Gabriel Circiog\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/boulder-group-brokers-retail-property-sale\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/boulder-group-brokers-retail-property-sale\/\",\"name\":\"Boulder Group Brokers Retail Property Sale - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/boulder-group-brokers-retail-property-sale\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/boulder-group-brokers-retail-property-sale\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/07\/Mobilityworks-Niles-Ill..jpg\",\"datePublished\":\"2017-07-12T15:36:53+00:00\",\"dateModified\":\"2022-12-09T04:17:38+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/fea14f28ef4cea0e4f36b0516e632ebb\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/boulder-group-brokers-retail-property-sale\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/boulder-group-brokers-retail-property-sale\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/boulder-group-brokers-retail-property-sale\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/07\/Mobilityworks-Niles-Ill..jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/07\/Mobilityworks-Niles-Ill..jpg\",\"width\":800,\"height\":600,\"caption\":\"9207 N. 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