Skip to content
Homepage
  • Market
    • Illinois
    • Illinois
    • Indiana
    • Iowa
    • Kansas
    • Kentucky
    • Michigan
    • Midwest
    • Minnesota
    • Missouri
    • N Dakota
    • National
    • Nebraska
    • Ohio
    • S Dakota
    • Tennessee
    • Texas
    • Wisconsin
  • Events
  • Sector
    • CRE
    • Education
    • Finance
    • Healthcare
    • Hospitality
    • Industrial
    • Legal
    • Multifamily
    • Net Lease
    • Office
    • Retail
    • section
    • Seniors Housing
    • Student Housing
  • Real Estate Awards
  • Subscribe
  • Publications

Quantum Real Estate Advisors brokers $4.6M sale of single-tenant building

March 28, 2018
Share on Facebook Share on Twitter Share on LinkedIn Share via email

Quantum Real Estate Advisors, Inc. has brokered the sale of a single-tenant building located at 1050 S. Lake Street in Aurora, Illinois. The 82,500-square-foot property sold for $4,600,000 and was leased to Anco Steel Company at the time of sale.

The buyer was an investment fund based in Austin, Texas and the seller is a prominent business owner based in suburban Chicago. Jack Farritor, vice president of Quantum Real Estate Advisors, represented the seller in the transaction.

“This property was sold off-market. It was an all-cash deal and closed in 45 days,” Farritor said. “The owner approached Quantum to facilitate disposition. We were pleased to use our network to satisfy the seller’s expectations. Our team worked diligently to procure a half-dozen offers. We then confidently executed for our seller by presenting a quality all-cash buyer.”

Tags
anco steel companyAuroraIllinoisQuantum Real Estate Advisors
" "

Subscribe

Subscribe to our email list to read all news first.

Subscribe
Related Articles
WisconsinCRE

Wisconsin’s Boldt Company hires CIO

September 29, 2023
TexasOffice

KBS & Transwestern sign 38,000 square feet with two regional firms at Class A office in Dallas

September 29, 2023
IowaNet LeaseRetail

Marcus & Millichap negotiates sale of Dollar General in Iowa

September 29, 2023
IllinoisCRE

RECAP: 2023 Goldie Gala

September 29, 2023

Subscribe

Subscribe to our email list to read all news first.

Subscribe
REJournals logo

Market

  • Illinois
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Michigan
  • Midwest
  • Minnesota
  • Missouri
  • N Dakota
  • National
  • Nebraska
  • Ohio
  • S Dakota
  • Tennessee
  • Texas
  • Wisconsin

Sector

  • CRE
  • Education
  • Finance
  • Healthcare
  • Hospitality
  • Industrial
  • Legal
  • Multifamily
  • Net Lease
  • Office
  • Retail
  • section
  • Seniors Housing
  • Student Housing

Subscribe

Subscribe to our email list to read all news first.

Subscribe
  • Contact Us
  • Events
  • Office Locations
  • Advertise
© 2023 REjournals.com