REBusinessOnline

BEST BUY PROPERTY IN METRO D.C. SELLS FOR $6.3M

FREDERICKSBURG, VA. — The Boulder Group, a net leased investment brokerage firm based in Northbrook, Ill., has arranged the sale of a Best Buy property located at 1541 Carl D. Silver Parkway in Fredericksburg, part of the Washington, D.C. MSA. The single-tenant, 46,457-square-foot asset sold for $6.3 million. Best Buy has 3.5 years remaining on its lease agreement, which has three five-year renewal options. Randy Blankstein and Jimmy Goodman of The Boulder Group represented both the buyer, an investment firm based in the Southwest, and the seller, a Chicago-based private real estate firm, in the transaction.

Content Partners
‣ Arbor Realty Trust
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Northmarq
‣ Pavlov Media
‣ Walker & Dunlop

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