Quantum Real Estate Advisors, Inc. brokers sale of a single-tenant retail building in Mobile, AL

Chicago, IL (February 23, 2018) – Quantum Real Estate Advisors, Inc. has brokered the sale of a new construction single-tenant building located at 635 Schillinger Road in Mobile, AL. The 19,000 square foot property sold for $3,691,000 and was leased to Tractor Supply Company at the time of sale. The buyer was a private real estate investor based in Los Angeles, CA. The seller is a prominent development company based in the southeast. Jack Farritor, Vice President of Quantum Real Estate Advisors, Inc. represented the seller in the transaction.

Mr. Farritor had the following comments regarding the transaction, “This property was on the market less than a week. It was an all-cash deal and closed in 45 days.” Mr. Farritor continued, “The property has an excellent location in a high growth area of Mobile. The property closed quickly- within 98% of the seller’s list price.”

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.

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