RETAIL PORTFOLIO IN WISCONSIN SELLS FOR $17.6M

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SUSSEX AND GREEN BAY, WIS. —A Midwest-based developer has sold a single-tenant, net-leased portfolio including two properties in Sussex and Green Bay for $17.6 million. Shopko is the sole occupant of the two 80,000-square-foot properties. The department store has 16 years left on its initial lease at both properties. The stores are located at 2320 Lineville Road in Green Bay and N66 W 25201 County Highway in Sussex. Randy Blankstein and Jimmy Goodman of The Boulder Group represented the seller in the transaction. The buyer was a West Coast-based investment firm.

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