Property Address: 6400 Woodward Avenue, Downers Grove, Illinois
Property Type: Retail
Property Size: 190,000 SF on 19 Acres
Acquisition Date: March 2013 (Active Investment)
Frontline Real Estate Partners acquired the subject property out of a Chapter 11 bankruptcy in March 2013. Since acquiring the property, the company has commenced its value-add business plan including leasing 32,000 square feet to a new grocery anchor for the center, stabilizing the rent roll through lease extensions, and instituting a capital improvement plan for the property.