Midwest facility acquired via 1031 exchange

The Boulder Group this week announced it represented an investor in the purchase of an 84,000-square-foot office building in Columbus, Ohio.

The value of the transaction was $9.7 million.

J.P Morgan Chase holds a triple net lease at the property, which is located at 3401 Morse Crossing.

A Chicago investor, RB 3401 Morse LLC, purchased the property as part of a 1031 exchange arising from the sale of an industrial building.

The Boulder Group, based in Northbrook, Ill., is an investment real estate firm providing a full range of brokerage, advisory and financing services nationwide.

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