Chicago, IL (June 26, 2020) – Quantum Real Estate Advisors, Inc. has brokered the sale of another single-tenant medical building located at 5108 Sandy Lane in Fairfield, OH. The property sold for $875,000. At the time of sale, the property was 100% occupied by BrightView Health, a behavioral health clinic specializing in the treatment of opioid addiction, in addition to many other behavior health services provided. The buyer was a private real estate investor based in California. The seller is a local real estate investment and development company. Chad Firsel, President of Quantum, and Jason Lenhoff, Senior Vice President of Quantum, represented the seller in the transaction.
Mr. Lenhoff had the following comments regarding the transaction, “This particular buyer is a repeat customer for Quantum. BrightView has occupied the premises very successfully for the last 4 years and agreed to a lease extension at the time of closing with the buyer.” Lenhoff continued, “The property is well located in a great market just north of Cincinnati. The key to the deal was having an extended term for the buyer with a solid and growing tenant. The location and tenant are both a great long-term investment for this buyer for many years to come.”
Quantum Real Estate Advisors, Inc. (www.qreadvisors.com) specializes in investment sales brokerage, assisting clients in the acquisition and disposition of commercial real estate. Quantum has the capacity through strategic alliances to offer full-service leasing brokerage, receivership, management and financing.