Representative Transactions

Retail

Fifth Third Bank – Oak Brook, IL

  • Top investment grade tenant (S&P AAA-)
  • 20-year ground lease
  • 10% rent bumps every 5 years
  • Required the demolition of a 3-story office building
  • Private 1031 buyer

Miller’s Ale House – Lombard, IL

  • 15-year absolute NNN lease
  • Excellent rent bumps
  • Corporate lease with national chain
  • Average trade area income over $110,000

Harris Bank – Chicago, IL

  • 20-year ground lease
  • 10% bumps every 5 years
  • Top investment grade tenant (S&P A+)
  • Estimated cost by tenant: $2.5M
  • 1031 buyer

Vitamin Shoppe – Fort Wayne, IN

  • Fastest-growing vitamin specialty retailer
  • 11-year NN lease with 10% bumps every 5 years
  • Adjacent to an upscale lifestyle mall
  • Lighted corner intersection – 32,000 VPD

Family Dollar – Elkhart, IN

  • 10-year lease with six 5-year options
  • Across from a newly-redeveloped power center anchored by Sears, Big Lots, CVS and Kroger

Circuit City/PetCo/Pier 1/Shoe Carnival – Terre Haute, IN

  • 28,000 sq. ft. power center
  • National credit tenants with long-term leases
  • Excellent rent bumps

Gateway – Henderson, NV

  • 10-year lease with extension options
  • 10% rent bumps every 5 years
  • Adjacent to Sears and Big Lots
  • Las Vegas, NV MSA population: 1,903,000

Verizon/Lasik – Little Rock, AR

  • National tenants
  • Excellent rent bumps
  • Across from Walmart and Sam’s Club
  • 1031 buyer

Jared, The Galleria of Jewelry –
Charlotte, NC

  • 20-year absolute NNN lease
  • 10% bumps every 5 years
  • Investment grade tenant (S&P BBB-)
  • Outlot of 1.2M sq. ft. upscale Northlake Mall
  • 1031 buyer

Vitamin Shoppe/2nd Swing/WaMu –
Arlington, TX

  • Outlot of a Walmart Super Center
  • 10-year leases with extension options
  • 10% rent bumps every 5 years
  • Dallas-Fort Worth-Arlington, TX MSA population: 6,500,000

Advance Auto Parts – Palatine, IL

  • 15-year lease
  • National credit tenant (NYSE: AAP)
  • Over 3,000 stores nationwide
  • 1031 buyer

Fidelity Investments – Naperville, IL

  • 10-year lease with 10% bumps every 5 years
  • Located in a .25-acre development with upscale restaurants and retail stores
  • 200,000 residents within a 4-mile radius, with an average household income of over $100,000

Jared, The Galleria of Jewelry – Chattanooga, TN

  • 20-year NNN lease
  • 10% bumps every 5 years
  • Investment grade tenant (S&P BBB-)
  • Located at the entrance to a 1 million sq. ft. regional mall
  • 1031 buyer

Tweeter – Vernon Hills, IL

  • 15-year lease with options
  • Outlot at the entrance of Westfield Shoppingtown Hawthorn mall
  • Located in one of the fastest-growing and wealthiest suburbs in the state, with an average household income of over $109K

Borders – McHenry, IL

  • 20-year absolute NNN lease
  • National credit tenant (NYSE: BGP)
  • Outlot to a power center anchored by Meijer and Home Depot

Industrial

Angola, IN – 135K RSF

  • Partial sale/leaseback acquisition
  • National privately-owned tenant
  • Releasing and tenant renovation required
  • Private corporate buyer

South Milwaukee, WI– 950K RSF

  • Privately-owned national tenant
  • Long-term lease with rent increases
  • Institutional buyer

Atlanta, GA – 220K RSF

  • Publicly-owned, non-investment grade tenant; mid-term lease
  • Environmental remediation, building redevelopment, releasing and tenant renovation required
  • Private corporate buyer

Goshen, IN – 225K

  • National privately-owned tenant
  • Building redevelopment, releasing and tenant renovations required, including acquisition of adjacent building and construction of a tunnel between both buildings
  • Private buyer

Macon, GA – 200K RSF

  • Publicly-owned, investment-grade tenant (AA)
  • Mid-term lease for 100% of the building
  • Private corporate buyer

Macon, GA – 200K RSF

  • National privately-owned tenant
  • Building redevelopment, releasing and tenant renovations required
  • Private buyer