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Quantum Brokers Single-Tenant Medical Office Sale in Minnesota

Quantum Real Estate Advisors, Inc. has brokered the sale of a freestanding medical office building located at 221 2nd Ave SW, Byron MN, for an undisclosed sum. The property is occupied by Bluestem Center for Autism, which signed a long-term lease upon closing.

The seller, a Midwest healthcare provider, was looking for a capital event to help fund its expansion into new locations. The buyer was a South African medical acquisition fund. VP Seth Gilford of Quantum Real Estate Advisors represented both seller and buyer in this transaction.

“With the combination of a successful medical user and a long-term lease, this was a perfect investment opportunity for the buyer,” said Gilford. “This is another example of how desirable medical sale-leaseback transactions are in this quickly changing environment. We are continuing to see extreme demand for medical assets across the country.”


Inside The Story

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).

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