November 8, 2016— Quantum Real Estate Advisors, Inc. has brokered the sale of a 13,915 square foot multi-tenant retail center located at 11620 Catalpa Lane in Woodstock, IL. The property was sold for $1,775,000. The site is 80% occupied to both national and regional tenants: Great Clips, Benjamin F. Edwards & Co., Anytime Fitness, and Lucky Bernie’s. The buyer was a private real estate investor based in northern suburbs of Chicago. The seller was a Chicago based investment group.
Chad Firsel, President of Quantum Real Estate Advisors, Inc. represented the Seller. Mr. Firsel had the following comments regarding the transaction, “The buyer was able to acquire a very attractive property that has a synergistic location being next to Wal-Mart and other national retailers” Mr. Firsel continued, “The property has excellent curb appeal and the current tenant mix is performing at or above expectations.”