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Chicago & Midwest  + Midwest  + Office  |  June 7, 2024
Jasmine Kilman
By: Jasmine Kilman

Baum Family Investments Acquires Midwest Net Leased Properties

Baum Family Investments (BFI) completed the acquisition of two prime single-tenant net leased properties. The properties are leased to blue-chip tenants Chase Bank and FedEx under net leases with a long operating history at both sites.

These strategic acquisitions, valued at over $5 million, were completed with cash. The properties are in two major Midwest metro markets, with the Chase Bank at 260 John R Road in Troy, Michigan, and the FedEx facility at 2578 Corporate Place in Miamisburg, Ohio.

“We are extremely pleased with our most recent acquisitions, which showcase our ability to source high-quality net leased investments at attractive prices in an ever-changing marketplace,” said Aaron Baum, Managing Partner and Founder of Baum Family Investments.

The firm currently has a robust pipeline with over $75 million in acquisitions for the next two quarters. Since its inception, the founders of Baum Family Investments have acquired over $200 million in real estate investments and plan to continue this successful strategy in the future.

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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.
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