NILES, IL–(November 21, 2013) – Frontline Real Estate Partners brokered the sale of a 32,667 square foot office building located at 7449 Natchez Avenue in Niles, Illinois. The seller was a bank and the buyer was a local business. Frontline’s marketing program was successful at procuring multiple offers that resulted in a quick closing above the $1,199,000 list price. According to Andrew Rubin, associate at Frontline Real Estate Partners, “This sale is very much reflective of the north suburban office market. We hope that the high demand is a sign of things to come in the future.”
About Frontline Real Estate Partners
Frontline Real Estate Partners, LLC is a Chicago-based real estate investment and advisory company with expertise in the acquisition, management, disposition, and leasing ofcommercial real estate properties throughout the United States.Founded in 2010, Frontline invests in value-add properties and provides transactional and advisory services to banks, financial institutions, and owners with a focus on the real estate restructuring industry.