Retail O Indiana

Quantum brokers $3 million retail sale in Valparaiso

Quantum brokers $3 million retail sale in Valparaiso,ph01

Quantum Real Estate Advisors brokered the sale of a multi-tenant retail center at 3510-3540 Calumet Ave. in Valparaiso, Indiana. The property sold for $3.6 million.

At the time of sale, the property was 100 percent occupied by both national and local tenants including Verizon Wireless, Ossip Optical, El Salto, Board & Brush, State Farm and Beggars Pizza.

The buyer was a private real estate investor based in the Chicago area. The seller was an acquisition and development company from Northwest Indiana.

Chad Firsel, president of Quantum Real Estate Advisors, represented the seller and buyer in this transaction.