Chicago, IL (January 3, 2016) – Quantum Real Estate Advisors, Inc. has brokered the sale of The Shops at Oak Summit, a multi-tenant retail property located 490 E Hanes Mill Road in Winston-Salem, NC. The new construction property was sold for $1,690,000, features institutional quality construction and is leased to Cricket Wireless, Anytime Fitness and Great Clips. The center is anchored by Oak Summit Walmart Center. The seller was a development group based in Tennessee and the buyer was an investment group out of Cincinnati. Daniel Waszak, Senior Vice President of Quantum Real Estate Advisors, Inc. represented the Buyer in the transaction.
Mr. Waszak had the following comments regarding the transaction, “This deal highlights the continued demand for well located, high quality strip centers.” Mr. Waszak continued, “The Buyer was able to acquire this asset at an attractive yield. It will be an excellent addition to his portfolio.”
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.