Quantum Real Estate Advisors, Inc. brokers sale of a multi-tenant retail center in Bellevue, NE

Chicago, IL (September 12, 2018) – Quantum Real Estate Advisors, Inc. has brokered the sale of a multi-tenant retail center, Thunderbird Plaza, located at 10110 South 15th Street, Bellevue, NE. The 9,062 square foot property sold for $3,900,000. The property was built in 2014 and is 100% leased to a mix of national and local tenants: Taco Bell, Jersey Mike’s, Generation V, Top Q Nails & Spa, Cricket Wireless, and Pinnacle Bank. The property is in the heart of the major retail corridor of Bellevue, NE. The buyer was a family office based in the Midwest was buying multiple well located strip centers throughout the country. This property was part of a 1031 Starker Exchange. The seller was a private development group based out of Salt Lake City, UT. Zack Hilgendorf, Vice President of Quantum Real Estate Advisors, Inc. represented the seller in the transaction.

Mr. Hilgendorf had the following comments regarding the transaction, “The buyer was looking to put some excess cash to work in a high-quality asset with the intention of holding long-term. The buyer was able to acquire a well-built property located in the center of the regional trade area.” Mr. Hilgendorf continued, “This was a strategic disposition for the Seller as he reallocates capital within his portfolio. We were able to achieve excellent pricing for him and allow him to focus on projects closer to home.”

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.

Related Posts: