Chicago, IL (October 13, 2015) – Quantum Real Estate Advisors, Inc. has brokered the sale of a 24,960 square foot cross-dock truck terminal located at 900 Uniek Drive in Waunakee, WI. The property was sold for $1,837,500. The property is located within the Waunakee Business Park in Waunakee, WI, approximately 12 miles north of the City of Madison. This single-tenant industrial building is fully occupied by Saia Motor Freight Line, a well-known operator in the multi-regional LTL market. The Seller was a private company based in Milwaukee. The buyer was a private real estate investor based in Minnesota. 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 a very attractive property that is leased to a national renowned tenant in the LTL space.” He continues, “The Purchaser recognized that there was very little work to be done to the property due to the absolute nature of the lease. This met this buyer’s strategy of a long-term hold.”
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.