Chicago, IL (November 20th, 2020) – Quantum Real Estate Advisors, Inc. has just completed the sale of a freestanding 9,426 square foot medical office located at 19615 Governors Hwy, Flossmoor, IL. The property sold for $4,000,000. A brand new, state-of-the-art remodel was completed at the start of 2020, increasing the building’s value. The Center for Dental Excellence occupies this building with a new 12-year lease. The buyer is a Chicago-based investment group. The buyer specializes in acquiring net-lease medical office properties across the country. Chad M. Firsel, President of Quantum Real Estate Advisors, Inc. represented the seller in the transaction.
The selling broker, Mr. Chad Firsel said, “With the new renovation and a COVID resistant tenant, this property was a great opportunity for the buyer.” Firsel continues, “The market has continued to favor medical buildings as we move through this pandemic. With gaining over 100 new patients a month, the tenant has proven their importance in this community.”
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.