Quantum Real Estate Advisors, Inc. Brokers the Lease of a Free-Standing Medical Building in Burbank, CA

Chicago, IL (April 2, 2024) – Quantum Real Estate Advisors, Inc. has brokered the lease of a 1,280 SF medical building located at 2005 W. Alameda Ave., Burbank CA. The property was formally an urgent care clinic. The new tenant will open an optometry practice that will service the greater Burbank trade area. The Tenant was represented by Eric Kates with Peak Commercial. The Landlord was represented by the team of Sam Yourman and Jaryd Meenach, Executive Vice Presidents of Quantum Real Estate Advisors, Inc.

Mr. Yourman had the following comments regarding the transaction, “We had a shared vision with the landlord to procure a medical group that could utilize existing infrastructure within the premise to save the incoming tenant on both time and financial resources.  We combed through dozens of offers throughout our marketing process largely due to Quantum’s robust online presence. Mr. Yourman continued, “With unit economics and construction timelines showing little signs of stabilization, outpatient medical buildings are in high demand. We leveraged these conditions to find a tenant that could thrive in this environment.

Quantum Real Estate Advisors, Inc. (www.QREAdvisors.com) is a commercial real estate brokerage specializing in investment sales and full-service leasing. The team at Quantum has the capacity, through strategic alliances, to offer full-service leasing brokerage, receivership, management, and financing.

Related Posts: