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Chicago & Midwest  + Greater Chicagoland  + Retail  | 

1031 Investor Picks Up Killdeer Whole Foods

The Boulder Group’s Randy Blankstein and Jimmy Goodman recently represented the seller in the $24.8-million sale of a single-tenant, net leased Whole Foods in Killdeer, IL. The seller was a Chicago-based real estate company, and the buyer was an East Coast-based investor in a 1031 exchange.

The 50,000-square-foot Whole Foods is located along Rand Road, the primary north-south thoroughfare in the area. Whole Foods has limited grocery competition in Kildeer, and is a relocation of a former store in a nearby town. The Whole Foods is situated in a thriving retail corridor with Nike, Nordstrom Rack, Apple, Anthropologie and Dick’s Sporting Goods.

Whole Foods anchors Kildeer Market Place, and is adjacent to Kildeer Village Square. Kildeer Market Place and Kildeer Village Square were recently constructed, 100% leased and feature Nike, Nordstrom Rack, Sierra Trading and DSW.

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Inside The Story

Connect With Boulder Group's Blankstein and Goodman

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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