Chicago, IL (April 25, 2022) – Quantum Real Estate Advisors, Inc. has brokered the sale of a single-tenant Mattress Firm located at 357 East Townline Road, Vernon Hills, IL. The freestanding retail building was fully renovated in 2014 and leased to Mattress Firm on a long-term net lease with minimal landlord responsibilities. The Seller, a private investor based out of Chicago, was represented by the President of Quantum, Chad Firsel. The Buyer, who was unrepresented in this transaction, was also a private investor based out of Chicago.
Mr. Firsel had the following comments regarding the transaction, “This property is strategically located in the regional retail corridor of Rt. 60 in Vernon Hills, IL.” Mr. Firsel continued, “This transaction is a great example of Quantum’s ability to use our relationships with existing clients to help close transactions. The buyer in this transaction was a 1031 Starker Exchange and was happy to acquire a long-term generational piece of commercial real estate.”
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.