Quantum Real Estate Advisors, Inc. has completed the brokerage of a new construction strip center in Huntley, Illinois, marking the sale of a recently delivered retail asset along IL-47.
The property, totaling roughly 6,375 square feet, is located at 12860 IL-47 and is configured as a three-suite strip center. The tenant mix combines both local and national brands, with occupants including Jimmy John’s and JC Licht, reflecting a blend of food service and retail users.
The buyer in the transaction is described as an investor based in the Midwest. The seller, Core Acquisitions, is a Chicago-based developer and shopping center owner that brought the asset to market as a newly constructed, fully built-out retail strip center.
Quantum Real Estate Advisors represented the seller in the disposition. The assignment was led by Chad Firsel, President, and Brett Berlin, Senior Vice President, who handled marketing and negotiations on behalf of Core Acquisitions through closing.
According to Berlin, quality strip center properties continue to attract steady buyer interest. He noted that the purchaser was particularly focused on the growth trajectory of the Huntley area, emphasizing expanding housing development and additional retail activity in the local market as key considerations. The opportunity to acquire a new construction asset at what was characterized as an attractive basis was also cited as a factor in the buyer’s decision-making process.
The transaction underscores ongoing investor interest in newly built, small-format retail centers in growing suburban corridors. With both national and local tenants already in place, the property offers the new owner stabilized income exposure in a submarket that has seen recent residential and commercial expansion.
Quantum Real Estate Advisors is a commercial real estate brokerage firm that focuses on investment sales and full-service leasing assignments across property types, with this Huntley transaction adding to its track record in the retail strip center segment.
