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MACHESNEY PARK, ILL. — The Boulder Group has completed the sale of a single-tenant Associated Bank ground lease for $1.1 million. Associated Bank is the sole occupant of the 3,358-square-foot retail building, located at 622 Machesney Road in Machesney Park, a north suburb of Rockford, Ill. The property is located within Machesney Park Town Center, which is anchored by JCPenney, Big Lots, Burlington Coat Factory and Bergner’s. Associated Bank has 20 years of lease term remaining on a 21-year, triple-net-ground lease. Randy Blankstein and Jimmy Goodman of The Boulder Group represented the seller, a Midwest-based private developer, and the buyer, an individual based in the Midwest.