Chicago, IL (January 20, 2015) – Quantum Real Estate Advisors, Inc. has brokered the sale of a multi-tenant retail/office building located at 100 South Atkinson Road in Grayslake, IL. The 33,544 square foot center consists of approximately 24,239 square feet of retail space on the first floor and 9,305 square feet of office space on the second floor. The property sold for $1,300,000. The Seller was a money-center bank based in Canada. The buyer is a private real estate investor based in the northern suburbs of Chicago. Chad Firsel, President of Quantum Real Estate Advisors, Inc. represented the seller in this transaction.
Mr. Firsel had the following comments regarding the transaction, “The buyer was able to acquire a very attractive property that has a significant amount of upside in leasing the vacancy and building an outlot on this site.” He continues, “The Purchaser recognizes that there has been some recent leasing activity to evidence the property’s ability to attract and retain tenants.” He concludes, “This property will serve a very nice investment for this investor for years to come”
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.