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Chicago & Midwest  + Greater Chicagoland  + Net Lease  |  February 2, 2022
Quantum Real Estate Advisors brokered the sale of a single-tenant, net leased REI in Orland Park, IL
Paul Bubny
By: Paul Bubny

Quantum Brokers Sale of REI in Orland Park 

Quantum Real Estate Advisors has brokered the sale of a single-tenant REI at 15515 S. 95th St., Orland Park, IL. The freestanding retail building was fully renovated in 2021 and leased to REI on a long-term net lease. 

The seller, a development group based out of Chicago, was represented by Quantum president Chad Firsel. The buyer was a private investor from California and was represented by George Pino of Commercial Brokers International. 

“The seller had invested a great amount of capital and effort into their redevelopment of the freestanding retail building, making it imperative that we provided our most diligent representation,” said Firsel. “After receiving heavy interest and multiple offers, we were able to assist in a successful closing at our initial asking price. This transaction continues to show the strength that Quantum has within both Illinois and California, the two states that Quantum currently has offices in.” 

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-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 7-10 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 GlobeSt.com 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).
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