ARLINGTON HEIGHTS, IL–(November 14, 2016) – Frontline Real Estate Partners has closed the sale of a 20,794 square foot multi-tenant automotive center located at 400 W. Northwest Highway in Arlington Heights. The building, located across from the Arlington Heights Metra Station, was fully leased at the time of sale to six (6) tenants including AAMCO and Meineke. Frontline obtained multiple offers during the sale process and worked with the purchaser to waive multiple contingencies including financing, EPA, and estoppel requirements. Frontline represented a bank client on the sale who had taken ownership of the property.
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.