Chicago, IL (February 23, 2021) – Quantum Real Estate Advisors, Inc. has brokered the sale of a single-tenant net-leased property located at 1601 West Market Street, Bloomington, IL. The freestanding building is leased to Advance Auto Parts. The seller is a private Real Estate Investment Trust located in New Jersey, represented by Jason Caplan, Executive Vice President of Quantum Real Estate Advisors, Inc. The Buyer is a private real estate investor based in California, represented by David Yu with Maple Leaf Realty.
Mr. Caplan had the following comments regarding the transaction, “This Advance Auto location was the only one in the area that remained open during COVID.” Caplan continues, “The buyer was attracted to this deal due to the location’s strength and Advance Auto’s long-term occupancy history.”
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.