Northmarq’s Brandon Duff and Mack Wolfgram broker early childhood education portfolio

CHICAGO (Feb. 12, 2025) — Northmarq’s Chicago Commercial Investment Sales team led by Brandon Duff and Mack Wolfgram successfully brokered the sale of two single-tenant early childhood education properties for a combined $5.161 million. Located in Lake St. Louis and St. Charles, Missouri, the facilities are leased to O2B Kids and corporately guaranteed by O2B Early Education Holding, Inc.

O2B Kids is a leading provider of early childhood education services and operates over 50 sites nationally with an annual revenue of more than $65 million. Both properties operate under new 20-year NNN leases. 

Northmarq exclusively represented the seller, EIG14T Commercial Real Estate, a repeat owner and developer of early child education properties nationally. The buyer was a local private investor completing a 1031 exchange.

“The closing of this portfolio is indicative of a broader increase in demand for early childhood education facilities among investors nationally, with a diverse buyer pool ranging from individual 1031 exchange investors and high-net-worth individuals, to equity funds and publicly traded REITs,” said Duff.  

“In recent months, our team has sold numerous similar facilities, including those leased to O2B Kids, KinderCare, Primrose, The Learning Experience, and others,” said Wolfgram. “We continue to see investors attracted to these properties due to their long term NNN leases, high residual value locations within individual submarkets, and the robust growth of the early child education space as a whole. Going forward, we expect to see these trends continue as the market further stabilizes into 2025.“