We welcome your thoughts and hope you appreciate ours.
Our comments below come from our day-to-day experiences with our customers and clients. Please feel free to follow us on Twitter and FaceBook.
December 24th, 2010
As the year ends Quantum is pleased to announce that 2010, our first year in business was a success.
We couldn’t have done this without the support of our clients and the teamwork of all Quantum members. We see 2011 still being challenging but we are definitely working ourselves out of a really bad commercial real estate market. We don’t believe this is going to be a quick recovery, but there will be a recovery…it just takes some time. We are cautiously optimistic and look forward to the challenges and overcoming these in 2011.
Return to top
December 18th, 2010
Quantum Real Estate Advisors, Inc. closes on the sale of a NN Family Dollar in Hewitt, TX.
The property was sold for an 8.49% Cap Rate and had only 8 ½ years left on the lease. This is a very aggressive cap rate that can be attributed to a couple things: First, because this was a re-location for Family Dollar the rent was significantly below market. Second, the re-adaptive use of the property lends itself for a variety of different tenancy. Meaning, if and when the tenant leaves, not only is this is a pretty easy box to fill, but any prospective tenant whether national credit or “mom and pop” would likely have the ability to pay a rent significantly higher than that which Family Dollar is currently paying. Jordan Kaufman represented both the Seller and Purchaser in this transaction.
Return to top