Chicago, IL (January 13th, 2021) – Quantum Real Estate Advisors, Inc. has brokered the sale of a free-standing medical office building located at 3101 Superior Dr, Rochester MN. The property is occupied by Associates in Psychiatry and Psychology who signed a 10-year 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 NYC-based
medical acquisition fund. Seth Gilford, Vice President of Quantum Real Estate Advisors, represented the seller and Zackary Hilgendorf, Executive Vice President of Quantum Real Estate Advisors, Inc. represented the buyer.
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 the marketplace. 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.