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Chicago & Midwest  + Midwest  + Retail  |  August 5, 2026
Jasmine Kilman
By: Jasmine Kilman

Quantum Real Estate Advisors Brokers Sale of Midwest Retail Portfolio

Quantum Real Estate Advisors, Inc. has brokered the sale of a five-property shopping center portfolio located throughout the Midwest.

The properties are in Illinois, Ohio, and Wisconsin and consist of roughly 67,000 square feet. The portfolio featured a diverse tenant lineup, including local, regional, and national tenants. The purchaser is a global real estate investment manager focused on acquiring niche property types, including essential service retail. The seller is a private syndicator based on the East Coast. Dan Waszak, Executive Vice President and Brett Berlin, Senior Vice President, represented the seller in the transaction.

“This portfolio stood out because of the embedded rent growth,” said Berlin. “With leases across several of these centers rolling in the next one to three years, the mark-to-market opportunities gave the buyer a clear runway to push net operating income and improve operations at the centers.”

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Quantum Real Estate Advisors

About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.
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