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Chicago — Chicago-based BlueRoad Ventures has acquired a $139 million national retail portfolio consisting of 48 assets across 18 states from Brauvin Net Lease.
The acquired retail properties are located in high-traffic areas, and are occupied by a range of retail tenants including CVS/pharmacy, Fresenius, Tractor Supply Co. and Advance Auto Parts. With this acquisition, BlueRoad expands its retail portfolio to over 1 million square feet.
Law firm Much Shelist represented BlueRoad in the transaction.