GRAYSLAKE, IL–(September 30, 2013) – Frontline closed the sale of 719 Barron Boulevard in Grayslake, Illinois. The property is a prominent 4,728 square foot vacant restaurant facility formerly known as Pat’s Pizza. Within 45 days of being hired by a Chicago-based bank to manage and sell the asset, Frontline sold the property to a local business that intends to convert the building into its new office.
“The former Pat’s Pizza facility was with filled with decades of history. This transaction was not only a success for our client, but also the Village of Grayslake which will see a local business bring this historic property back to life,” said Eric Jacobson, an associate at Frontline Real Estate Partners who led the marketing campaign.
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.