{"id":1004379473,"date":"2020-01-06T03:26:10","date_gmt":"2020-01-06T11:26:10","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004379473"},"modified":"2025-02-27T21:51:15","modified_gmt":"2025-02-28T05:51:15","slug":"quantum-real-estate-arranges-sale-of-138-ksf-chicago-retail-center","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/quantum-real-estate-arranges-sale-of-138-ksf-chicago-retail-center\/","title":{"rendered":"Quantum Real Estate Arranges Sale of 138 KSF Chicago Retail Center"},"content":{"rendered":"
\"1901-2029<\/a>

1901-2029 N. Mannheim Road. Image courtesy of Quantum Real Estate Advisors<\/em><\/p><\/div>\n

Quantum Real Estate Advisors has arranged the sale of a 138,203-square-foot, multi-tenant shopping center in Melrose Park, Ill. President Chad Firsel and Vice President Jason Lenhoff worked on behalf of the seller, a local Chicago owner. A private real estate investor from New York purchased the retail asset for $11 million.<\/p>\n

Located at 1901-2029 N. Mannheim Road, the property was built in 1985. Situated some 16 miles west of downtown Chicago, the asset is roughly 2 miles from Interstate 294 and 6 miles from O\u2019Hare International Airport. The surrounding area includes several residential neighborhoods, as well as many industrial properties.<\/p>\n

The shopping center is co-anchored by dd\u2019s Discounts and Planet Fitness, and according to Lenhoff, the property was 95 percent occupied at the time of the deal. The tenant roster also includes Dollar Tree, Harbor Freight Tools and CSL Plasma, among others.<\/p>\n

In October 2019, the brokerage firm also represented the seller of a 9,000-square-foot shopping center<\/a> in Winston-Salem, N.C. The asset traded for less than $2 million. <\/p>\n

If you\u2019d like to be featured in Brokers\u2019 Corner, send your deal to deals@cpe-mhn.com<\/strong><\/a>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

President Chad Firsel and Vice President Jason Lenhoff worked on behalf of the seller.<\/p>\n","protected":false},"author":868,"featured_media":1004365520,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1491,21743,21783,13,21742,21749],"tags":[35107,36617],"class_list":["post-1004379473","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-chicago","category-deals","category-investment","category-midwest","category-latest","category-retail","tag-dollar-tree-inc","tag-quantum-real-estate-advisors-inc"],"acf":[],"yoast_head":"\nQuantum Real Estate Arranges Sale of 138 KSF Chicago Retail Center - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/quantum-real-estate-arranges-sale-of-138-ksf-chicago-retail-center\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Quantum Real Estate Arranges Sale of 138 KSF Chicago Retail Center\" \/>\n<meta property=\"og:description\" content=\"President Chad Firsel and Vice President Jason Lenhoff worked on behalf of the seller.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/quantum-real-estate-arranges-sale-of-138-ksf-chicago-retail-center\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2020-01-06T11:26:10+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-28T05:51:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/11\/CPE-Brokers-Corner-827x400.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"827\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Sergiu Inizian\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/quantum-real-estate-arranges-sale-of-138-ksf-chicago-retail-center\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/quantum-real-estate-arranges-sale-of-138-ksf-chicago-retail-center\/\",\"name\":\"Quantum Real Estate Arranges Sale of 138 KSF Chicago Retail Center - 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