Chicago, IL (October 21st, 2019) – Quantum Real Estate Advisors, Inc. has brokered the sale of a multi-tenant shopping center located at 480-490 E Hanes Mill Road in Winston-Salem, IL. The 9,000 square foot property was 100% leased by: Anytime Fitness, Great Clips, and Cricket Wireless. Built in 2016, the subject property featured high-quality all-brick construction and was located within a dominant, Wal-Mart anchored shopping center in the area. The Seller was an Ohio-based private investor and the buyer was a local North Carolina-based investor. Daniel Waszak, Senior Vice President of Quantum Real Estate Advisors, Inc. represented the Seller in the transaction.
Mr. Waszak had the follow comments regarding the sale, “We were able to generate multiple offers on the asset, showing robust demand for high-quality assets in the southeast. The Seller was able to exit this asset at an attractive price point.” Mr. Waszak continued, “Being an out-of-state owner, the Seller was able to take the proceeds from the sale and will redeploy them into an asset 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.