Chicago, IL (August 6, 2015) – Quantum Real Estate Advisors, Inc. has brokered the sale of a 10,650 square foot multi-tenant retail building located at 451-459 Randall Crossings Lane in North Aurora, IL. The property was sold for $1,080,000. The building is 74% occupied by regional tenants Bulldog Ale House and Lover’s Lane. The Seller was a pension fund from Dallas, TX. The buyer was a private real estate investor based in Chicago, IL. Chad Firsel, President of Quantum Real Estate Advisors, Inc. was the sole broker in this transaction.
Mr. Firsel had the following comments regarding the transaction, “The buyer was able to get an added value opportunity in a great trade area. We had multiple offers from both local and national investors. Ultimately, this was a great acquisition for this buyer as they understood the strong location of this property.”
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.