Chicago, IL (July 19th, 2021) – Quantum Real Estate Advisors, Inc. has brokered the sale of a single-tenant retail building in Alsip, IL. The 5,257 SF building is occupied by Sherwin-Williams Paints, a national retailer of paints and coatings. The net lease had 4 years remaining on their current term at the time of sale. President of Quantum Real Estate Advisors, Inc., Chad Firsel, represented the Seller, who is a local investor based out of Chicago, while the Buyer, NetSTREIT Real Estate Investment Trust, had no outside representation.
Mr. Firsel had the following comments regarding the transaction, “Essential retailers continue to be a desired investment by all kinds of investors. Whether it may be a local investor, family-owned acquisition firm, or, in this case, a national REIT, they all share a common interest in acquiring buildings occupied by essential retailers, like, Sherwin-Williams Paints”.
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.