BlueRoad Ventures Acquires National Retail Real Estate Portfolio, Expanding to More than One Million Square Feet Under Management

Transaction Encompasses 48 Assets Across 18 States

CHICAGO--()--BlueRoad Ventures (BlueRoad), a multi-strategy alternative asset management and investment company, announced today that it has acquired a $139 million national, retail real estate portfolio, consisting of 48 assets across 18 states, from Brauvin Net Lease, a privately held Real Estate Investment Trust (REIT) managed by Chicago-based Brauvin Real Estate. Law firm Much Shelist represented BlueRoad in the transaction.

“This is an exciting milestone transaction for BlueRoad. I am proud of our team for their efforts in sourcing and completing this off-market deal, and thankful to Much Shelist for their expertise and guidance on this complex transaction”

With this acquisition, BlueRoad expands its robust retail portfolio to more than 1 million square feet under management. The acquired retail properties are located in high-traffic areas and occupied by a range of leading retail brands, including CVS, Fresenius, Tractor Supply Co and Advance Auto Parts. BlueRoad will provide oversight and tenant services through its growing asset management group.

“This is an exciting milestone transaction for BlueRoad. I am proud of our team for their efforts in sourcing and completing this off-market deal, and thankful to Much Shelist for their expertise and guidance on this complex transaction,” said Tim Farrell, Managing Partner at BlueRoad Ventures. “This diversified group of corporate-backed net leases further demonstrates our commitment to creating opportunities and providing solid returns for our investors."

The addition of this high quality asset is consistent with BlueRoad’s specialty and experience in delivering value and consultation to its partners and investors. The transaction underscores the unique synergies BlueRoad provides to its family office client base, with expertise ranging from real estate investment and management to private equity and accounting and financial services.

David T. Brown, Chairman of Much Shelist, added, “BlueRoad's management team has a proven track record of success in identifying, managing and acquiring investment opportunities in both the real estate and private equity arenas. We are thrilled for the entire BlueRoad team on the completion of its largest deal to date, and we appreciate the opportunity to participate in this multi-state deal that further supports our capabilities as skilled real estate and transaction attorneys.”

About BlueRoad Ventures:

BlueRoad Ventures, headquartered in Chicago, is an alternative asset management and investment company with three distinct yet complementary areas of focus including financial and accounting services, private equity and real estate. With significant experience supporting family offices and high net worth individuals, BlueRoad understands the unique and complex needs and can address issues before they become challenges. BlueRoad offers flexible, customized solutions aimed at addressing and solving those needs. For more information, visit: http://www.blueroadventures.com/. Connect with BlueRoad on LinkedIn and Twitter.

About Much Shelist

Much Shelist is a Chicago-based full-service business law firm with an office in Irvine, CA. Founded in 1970, Much Shelist has nearly 100 attorneys. The firm offers services in a wide range of practice areas, including corporate law; mergers and acquisitions; private equity; venture capital and emerging growth companies; commercial finance; taxation and business planning; labor and employment; commercial real estate and construction; business litigation and dispute resolution; insurance coverage and risk management; intellectual property and technology; health care law; and wealth transfer and succession planning. For more information, visit www.muchshelist.com or follow the firm on Twitter at @MuchShelistLaw.

Contacts

Finn Partners for BlueRoad Ventures and Much Shelist
Taylor Trovillion, 312-329-3983
Taylor.Trovillion@finnpartners.com

Release Summary

BlueRoad Ventures, a multi-strategy alternative asset management and investment company, announced today that it has acquired a $139 million national, retail real estate portfolio.

Much Shelist