General Archives - Page 11 of 14 - Frontline Real Estate Partners

November 18th, 2015

FRONTLINE CLOSES SALE OF STRIP CENTER IN PARK RIDGE

PARK RIDGE, IL--(November 18, 2015) – Frontline Real Estate Partners has closed the sale of a 16,355 SF retail strip center located at 127-157 N. Northwest Highway in downtown Park Ridge, Illinois. The storefront building consisting of 13 units sold to a local investor for $1,600,000, or $98 per square foot. Prior to closing the sale, Frontline served as the property manager and leasing agent, and increased occupancy by procuring two (2) new tenants at the building. About Frontline Real...

October 15th, 2015

FRONTLINE CLOSES SALE OF BANK OWNED INDUSTRIAL BUILDING IN ARLINGTON HEIGHTS

ARLINGTON HEIGHTS, IL--(October 15, 2015) – Frontline Real Estate Partners has closed the sale of a 12,175 square foot industrial warehouse located at 71 W. Seegers Road, Arlington Heights. The bank owned, vacant facility featured office space in front and warehouse in the rear with loading docks. Multiple offers were procured throughout the marketing process, and Frontline ultimately sold the building for $460,000 to a new user. Frontline also served as the property manager for the owner. About Frontline Real...

July 21st, 2015

FRONTLINE CLOSES SALE OF AUTO SERVICE BUILDING IN GLENVIEW

GLENVIEW, IL--(July 21, 2015) – Frontline Real Estate Partners has closed the sale of a 13,000 square foot auto service building located at 835 Milwaukee Avenue in Glenview, Illinois. The building sold for $1,579,000 which was 92% of the initial asking price. Multiple offers were procured from auto users during the marketing process. The sale closed on July 21, 2015. About Frontline Real Estate Partners Frontline Real Estate Partners, LLC is a Chicago-based real estate investment and advisory company with...

July 10th, 2015

FRONTLINE CLOSES SALE OF STRIP CENTER IN FOREST PARK

FOREST PARK, IL--(July 10, 2015) – Frontline Real Estate Partners has closed the sale of a 9,033 square foot retail strip center located at 1215 Harlem Avenue in Forest Park, Illinois. The property was 50% occupied at the time of sale with tenants including Subway, Cricket, Happy Chef, and Lee Nails. During the marketing process, Frontline procured multiple offers for the strip center located just south of I-290 along Harlem Avenue. The property sold for $1,130,000 on behalf of a...

June 2nd, 2015

FRONTLINE CLOSES SALE OF RETAIL STRIP CENTER IN MCHENRY, ILLINOIS

MCHENRY, IL--(June 2, 2015) – Frontline Real Estate Partners closed the sale of a retail strip center located at 2610-2640 Schaid Court in McHenry for $1,000,000 on June 2, 2015. Frontline had listed the 13,698 square foot strip center for sale on behalf of bank client who took ownership of the property through foreclosure. It was 85% occupied at the time of sale. Multiple offers were procured during the marketing process before ultimately selling to a retail investor. About Frontline...

May 21st, 2015

FRONTLINE CLOSES SALE OF MIXED-USE BUILDING IN NORTH RIVERSIDE

NORTH RIVERSIDE, IL--(May 21, 2015) – Frontline Real Estate Partners closed the sale of an 8,250 square foot mixed use building located at 7924 W. 26th Street in North Riverside, Illinois. The three-story building consisting of four 2-bedroom apartments and two retail storefronts was fully occupied at the time of sale. Frontline listed the property for sale on behalf of a bank that took ownership through foreclosure. Multiple offers were procured to purchase the property within the first two weeks...

April 17th, 2015

FRONTLINE CLOSES $50MM SALE-LEASEBACK TRANSACTION IN JACKSON, OH

NORTHBROOK, IL--(April 16, 2015) – Frontline Real Estate Partners was engaged by Bellisio Foods, one of North America’s largest branded providers of frozen foods, to run a streamlined marketing process to result in a sale-leaseback of their primary manufacturing facility and ancillary properties located in Jackson, Ohio. The state of the art production plant and support buildings totaled 704,000 square feet. Frontline was able to generate several all-cash offers from qualified investors and ultimately closed on the $50.0 million sale-leaseback...

April 10th, 2015

FRONTLINE CLOSES SALE OF INDUSTRIAL PROPERTY IN AURORA

AURORA, IL--(April 10, 2015) - Frontline Real Estate Partners closed the sale of an 8,448 square foot warehouse located at 1285 Aurora Avenue, Aurora. The sale closed on April 10, 2015, just five weeks after the property was listed for sale. Frontline had managed the building as court-appointed receiver for the property from October 2013 through January 2015 before listing the property. About Frontline Real Estate Partners Frontline Real Estate Partners, LLC is a Chicago-based real estate investment and advisory...

April 9th, 2015

FRONTLINE CLOSES SALE OF FREESTANDING RETAIL BUILDING IN HAMMOND, INDIANA

HAMMOND, IN--(April 9, 2015) - Frontline Real Estate Partners closed the sale of a vacant retail building located at 2109 Calumet Avenue, Hammond, IN on April 9, 2015. The property was vacant and sold as a redevelopment site. The closing occurred less than two months after Frontline had listed the property for sale. Prior to selling the property, Frontline had served as court-appointed receiver for the property. About Frontline Real Estate Partners Frontline Real Estate Partners, LLC is a Chicago-based...

Frontline Real Estate Partners

We Offer Commercial Real Estate