Chicago, IL (May 29, 2020) – Quantum Real Estate Advisors, Inc. has brokered the sale of a single tenant building located at 1790 Town Center Drive in North Aurora, IL. The property sold for $1,037,000. The property is a vacant former La-Z-Boy Furniture Store that is situated on an outlot of the North Aurora Town Center, North Aurora IL. The buyer was a private real estate investor based in New Jersey. The seller is a private real estate investor based in California. Chad Firsel, President of Quantum Real Estate Advisors, Inc. and Jason Lenhoff, Vice President of Quantum Real Estate Advisors, Inc., represented the seller in the transaction.
Mr. Lenhoff had the following comments regarding the transaction, “This deal presented an ideal opportunity for the buyer to acquire an outstanding location. There were several challenges that came up, but through much determination by the Seller, we were able to overcome them and close this deal.” Mr. Lenhoff continued, “The property benefits from highway exposure and tremendous co-tenancy with Target, a new UFC Gym and other national and local tenancy. The buyer will aggressively seek to lease this vacant building.”
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.