Chicago, IL (March 13th, 2023) – Quantum Real Estate Advisors, Inc. has brokered the sale of a free-standing medical office building located at 221 2nd Ave. SW, Byron, MN. The property is occupied by Bluestem Center for Autism who signed a long-term lease upon closing. The seller of the property was looking for a capital event to help fund their expansion into new locations. The Seller was a Midwest healthcare provider, and the buyer was a South African medical acquisition fund. Seth Gilford, Vice President of Quantum Real Estate Advisors, represented both the seller and the buyer in this transaction.
Mr. Gilford had the following comments regarding the transaction, “With the combination of a successful medical user and a long-term lease, this was a perfect investment opportunity for the buyer.” Mr. Gilford continued, “This is another example of how desirable medical sale-leaseback transactions are in this quickly changing environment. We are continuing to see extreme demand for medical assets across the country.”
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.