Chicago, IL (June 10, 2015) – Quantum Real Estate Advisors, Inc. has brokered the sale of a 8,010 square foot retail building, Plainfield Marketplace, located at 11850 S Route 59 in Plainfield, IL. The property was sold for $1,800,000. The multi-tenant retail center is 100% occupied by tenants: Sherwin Williams, Edward Jones, Kumon, and EDO Cleaners. The Seller was a Minnesota based developer. The buyer was a private real estate investor based in Illinois. Chad Firsel, President of Quantum Real Estate Advisors, Inc. and Daniel Waszak, Senior Vice President of Quantum Real Estate Advisors, Inc. were the sole brokers in this transaction.
Mr. Firsel had the following comments regarding the transaction, “The buyer was able to get a 100% leased asset at an attractive yield. We had multiple offers from both local and national
investors.”
Mr. Waszak added “This was a great acquisition for this buyer as they understood the strong location of this property. Additionally, the recent lease extensions speak to the strong performance of the tenants at this location.”
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.