September 30, 2016— Quantum Real Estate Advisors, Inc. has brokered the sale of a 5,934 square foot brand new construction multi-tenant retail building located at 6030-6036 US Highway 6 in Portage, IN. The property was sold for $3,050,000. The building is 100% leased to Starbucks, Domino’s, and Five Guys. The property sits on an outlot directly in front of Meijer grocery store. The buyer was a private real estate investor based in Chicagoland area. The seller was a Chicago based developer. Chad Firsel, President of Quantum Real Estate Advisors, Inc. represented the Seller. Mr.
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Mr. Firsel had the following comments regarding the transaction, “The buyer was able to acquire a very attractive property that has a nice stable mix of national and regional tenants, located at a prime outlot within the Portage market.” Mr. Firsel continued, “There were some challenges associated with this deal such as being a new construction property, but all parties involved worked diligently to close the transaction.”