(Northbrook, IL- August 31, 2016) — (RealEstateRama) — The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant US Bank office property located at 615 East Michigan Street in Milwaukee, WI for $14,000,000.
The US Bank office is directly adjacent and connected by a sky-walk to the U.S. Bank regional headquarters building in the central business district of Milwaukee. The office houses USBancorp’s Fund Services unit, a subsidiary of U.S. Bank. The fund services unit is a highly profitable business unit, currently in the top three in mutual fund servicing business with roughly a 24% market share. The property is located along the Interstate 794 interchange.
About The Boulder Group
The Boulder Group is a boutique investment real estate service firm specializing in single tenant net lease properties. The firm provides a full range of brokerage, advisory, and financing services nationwide to a substantial and diversified client base, which includes high net worth individuals, developers, REITs, partnerships and institutional investment funds. Founded in 1997, the firm has arranged the acquisition and disposition of over $3 billion of single tenant net lease real estate transactions. From 2010-2015, the firm was ranked in the top 10 companies in the nation for single tenant retail transactions by CoStar and Real Capital Analytics.