Chicago, IL (September 25th, 2020) – Quantum Real Estate Advisors, Inc. has brokered the sale of a single tenant industrial building located at 9707 South Industrial Drive in Bridgeview, IL. The 28,575 square foot building is situated on 2 acres of paved land, ideal for ample trailer parking and outside storage. The property sold for $1,750,000. The buyer is an owner/user based in Chicago, IL. The seller is an out-of-state investor located in Coalville, Utah. Jason Caplan, Senior Vice President of Quantum, represented both parties in the transaction.
Mr. Caplan had the following comments regarding the transaction, “The interest in this deal was outstanding due to the low vacancy and ample tractor trailer parking.” Caplan added, “The property sold for 17% above list price due to the competitive bidding from multiple buyers.”
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.