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Chicago & Midwest  + Greater Chicagoland  + Retail  | 

Build-to-Suit Retail Trades in Bensenville

Quantum Real Estate Advisors recently brokered the sale of a single-tenant retail building in Bensenville, IL. The 7,427-square-foot building was recently developed as a build-to-suit for O’Reilly Auto Parts and sold for just under $3 million.

The seller is a Chicago development company. The buyer is a national commercial real estate acquisition firm based in Houston. Chad Firsel, president of Quantum, represented both sides in the deal.

“With a new, 15-year lease and brand-new construction, this asset was highly desirable,” said Firsel. “The property is institutionally built and is the prototype that optimizes store performance for O’Reilly’s.”

He continued, “All of these advantages contribute to the property closing at 98% of asking price.”


Inside The Story

Connect With Quantum RE’s Firsel

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale