Investments
Meadowbrook Shopping Center
6400 Woodward Avenue, Downers Grove, Illinois-
Property Type:
Retail
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Property Size:
190,000 SF on 19 Acres
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Acquisition Date:
March 2013 (Active Investment)
Deal Summary:
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.