REBusinessOnline

Boulder Group Arranges $28M Sale of Property Net Leased to Pick ‘n Save in Metro Milwaukee

Constructed in 2011, the building spans 103,611 square feet.

MENOMONEE FALLS, WIS. — The Boulder Group has arranged the $28 million sale of a 103,611-square-foot property net leased to Pick ‘n Save in Menomonee Falls within metro Milwaukee. Constructed in 2011, the single-tenant building is located on Appleton Avenue. There are approximately 11 years remaining on the lease, which is guaranteed by Kroger. Randy Blankstein and Jimmy Goodman of Boulder represented the seller, a Midwest-based real estate company. A West Coast-based real estate investment company purchased the asset. Roundy’s, now a subsidiary of Kroger, owns Pick ‘n Save.

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