Chicago, IL (February 17th, 2021) – Quantum Real Estate Advisors, Inc. has brokered the sale of a free-standing medical office building located at 124 Elton Hills Ln., Rochester MN. The property is occupied by Bluestem Center for Child and Family Development. The Seller is a Midwest healthcare provider, and the buyer was a NYC-based medical acquisition fund. Seth Gilford, Vice President of Quantum Real Estate Advisors, Inc. 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, “This was an example of how much demand there is within the medical space. A successful medical user coupled with a long-term lease made this an attractive investment opportunity for the buyer.” Mr. Gilford continued, “This is another repeat client of Quantum showing our ability to understand our clients’ needs and deliver exceptional results.”
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.