Quantum Real Estate Advisors, Inc. Brokers Sale of a Single-Tenant Office Building in Kissimmee, FL

Chicago, IL (May 26th, 2021) – Quantum Real Estate Advisors, Inc. has brokered the sale of a single-tenant veterinary building in Kissimmee, FL. The 11,675 SF building is occupied by Destination Pet, a national provider of veterinary service on a national basis.  The net lease had over 18 years remaining on their current term at the time of sale. The property sold for over the initial asking price. The Seller, Core Acquisitions is a Chicago-based acquisition development company with assets and developments across the United States. The Buyer is a private individual from California. Chad Firsel, President of Quantum Real Estate Advisors, Inc., represented the Seller, while Jason Lenhoff, Vice President of Quantum Real Estate Advisors, Inc., represented the Buyer.

 

Mr. Firsel had the following comments regarding the transaction, “The vet space continues to drive demand like we have never seen before. The combination of a long-term lease and a private-equity group behind this corporation and its growth made this asset extremely desirable.”  Mr. Firsel continued, “Buyers are continuing to show their preference for acquiring property in income tax-free states and it proved true when we had this deal under contract in less than 24 hours. This goes to show the reach that Quantum has. We are a Chicago-based firm that sold a vet clinic in Florida to a California investor!”

 

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.