Chicago, IL (January 21st, 2021) – Quantum Real Estate Advisors, Inc. has brokered the sale of 14,418 square foot Walgreens located at 320 S S
catterfield Road, Anderson, IN. The subject property was built in 2004 and featured high-quality, all-brick construction. Walgreens signed an initial 25-year lease and had roughly 8 years of lease term remaining at the time of closing. The Seller was a New York-based investor, and the Buyer was a New York City-based 1031 buyer. Dan Waszak, Executive Vice President of Quantum Real Estate Advisors, Inc. represented the buyer.
Mr. Waszak had the following comments regarding the transaction, “this was yet another 1031 buyer Quantum represented. The team at Quantum has shown continued ability to understand our clients’ 1031 requirements and deliver quality assets that fit within these parameters.” He continued, “Pharmacy properties continue to see high demand in this current market. This is the seventh pharmacy transaction the team at Quantum has closed in the last 30 days.”
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.