Quantum Real Estate Advisors, Inc. Brokers Sale of a Single-Tenant Fresenius Sub-Leased Property in Decatur, IL

Chicago, IL (August 17th, 2021) – Quantum Real Estate Advisors, Inc. has brokered the sale of a single-tenant medical office building located at 1830 S 44th Street in Decatur, IL. The property was originally built as a build-to-suit for Decatur Memorial Hospital. However, currently, Fresenius is sub-leasing the building on a long-term lease.  The Seller was an Illinois-based developer and was represented by Daniel J. Waszak, Executive Vice President of Quantum Real Estate Advisors, Inc. The Buyer was a California-based investor and was represented by Jason L. Caplan, Executive Vice President of Quantum Real Estate Advisors, Inc.

 

Mr. Waszak had the following comments regarding the transaction, “The Seller had originally developed the property and was looking to redeploy their capital into higher-yielding opportunities.” Mr. Caplan added, “this is a repeat client of mine who looks for well-located, opportunistic purchases.” He continued, “the medical space has been growing consistently, even through COVID and we see no indications this momentum is slowing.”

 

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.