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Boulder Group Brokers $20M Deal for Single-Tenant Milwaukee Supermarket
The Boulder Group completed the sale of a single-tenant net-leased Pick ‘n Save supermarket property in Milwaukee for $20,000,000. The firm’s Jimmy Goodman and John Feeney represented both the buyer, a national private real estate company, and the seller, a Milwaukee-based real estate investor.
The 120,000-square-foot Pick ‘n Save property is positioned within a well populated retail area. It features a corporate guaranty from Kroger and has more than eight years remaining on the primary lease.
“The market for standalone grocery properties remains active due to their built-in customer base,” said Goodman. Feeney added, “Investors pay a premium for grocery stores with a strong sales history.”
- ◦Sale/Acquisition


