Chicago, IL (November 7, 2017) – Quantum Real Estate Advisors, Inc. has brokered the sale of a single-tenant net-leased industrial building located at 345 North Skokie Highway in Gurnee, IL. The property includes two separate, distribution/warehouse buildings with a combined total of 21,938 SF situated on 1.28 acres. The tenant, Reladyne, is the established leader in commercial and industrial lubricant sales and distribution. The seller was a private investor. The buyer was a West Coast based 1031-exchange buyer. Jason Caplan, Senior Vice President of Quantum Real Estate Advisors, Inc. represented both parties in the transaction.
Mr. Caplan had the following comments regarding the transaction, “This deal is another great example of the strong demand for industrial, single tenant net- leased investments in the tertiary markets of Chicago.”
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.