General Archives - Page 12 of 14 - Frontline Real Estate Partners

April 3rd, 2015

FRONTLINE CLOSES SALE OF GAS STATION IN HANOVER PARK

HANOVER PARK, IL--(April 3, 2015) - Frontline Real Estate Partners closed the sale of an operating gas station at 2370 W. Lake Street, Hanover Park on April 3, 2015. The property features five double-sided pumps and a 2,400 square foot convenience store. The property was bank owned. 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...

February 18th, 2015

FRONTLINE CLOSES SALE OF FORMER JAKE’S PIZZA RESTAURANT, MOUNT PROSPECT

MOUNT PROSPECT, IL--(February 18, 2015) - Frontline Real Estate Partners closed the sale of the former Jake's Pizza restaurant building located at 302 W. Northwest Highway, Mount Prospect, IL. The vacant 4,600 square foot restaurant was located in downtown Mount Prospect near the Metra station. Multiple offers were obtained during the marketing process which closed on February 18, 2015. About Frontline Real Estate Partners Frontline Real Estate Partners, LLC is a Chicago-based real estate investment and advisory company with expertise...

December 31st, 2014

FRONTLINE CLOSES SALE OF DOUGLAS SQUARE SHOPPING CENTER, OSWEGO

OSWEGO, IL--(December 31, 2014) - Frontline Real Estate Partners closed the sale of the Douglas Square Shopping Center in Oswego on December 31, 2014. The property consisted of two retail strip buildings and two office buildings totaling a leasable area of 28,302 square feet. Tenants of the property included 7-Eleven, Edward Jones, Farmer's Insurance, and other local retail and office users. The property was listed for $2,500,000 and was sold by the bank-owner to a local investment group. About Frontline...

December 30th, 2014

FRONTLINE CLOSES SALE OF 33,436 S.F. INDUSTRIAL BUILDING IN SCHAUMBURG

SCHAUMBURG, IL--(December 30, 2014) - Frontline Real Estate Partners closed the sale of a 33,436 square foot industrial building located in the Woodfield Business Center on December 30, 2014. The building consisted of two units with ADP leasing 13,170 square feet and the remaining 20,059 space vacant at the time of sale. The property featured three dock level doors, two drive in doors with 21 foot clearance, and a new roof installed in 2011. According to Andrew Rubin of Frontline...

March 28th, 2014

FRONTLINE CLOSES SALE OF CLOCK TOWER PLAZA IN NORTH AURORA

NORTH AURORA, IL--(March 28, 2014) - Frontline Real Estate Partners closed the sale of the 38,380 square foot Clock Tower Plaza retail center in North Aurora. The property, located at the southeast corner of Randall Road & Oak Street, was leased to a mix of national, regional and local tenants including Subway, H&R Block, State Farm Insurance, and several others. The seller was a Chicago area bank that had foreclosed on the property. The buyer was a real estate investor...

January 31st, 2014

FRONTLINE CLOSES SALE OF FORMER RESTAURANT IN DOWNTOWN ST. CHARLES

SAINT CHARLES, IL--(January 31, 2014) - Frontline Real Estate Partners closed the sale of a 4,600 square foot, two-story vacant restaurant facility located at 102 E. Main Street in the historic downtown district of Saint Charles, Illinois. The property has a deep history - originally constructed in 1840 and said to have once been a part of the Underground Railroad. The building was converted to a restaurant in 1992 and was most recently utilized as a pizzeria before it became...

January 24th, 2014

FRONTLINE CLOSES THE SALE OF MIXED-USE BUILDING IN CHICAGO’S BUCKTOWN NEIGHBORHOOD

CHICAGO, IL--(January 24, 2014) - Frontline Real Estate Partners closed the sale of a 10-unit mixed-use property located at 1739-45 N. Milwaukee Avenue, Chicago. The building was a partially completed development that was originally slated for eight apartments and two storefronts. Frontline was engaged to market the property for sale when the lender on the property took the unfinished project back through the foreclosure process. According to Andrew Rubin, associate at Frontline Real Estate Partners, there was an incredible amount...

December 24th, 2013

FRONTLINE ACQUIRES MIXED USE AND RESIDENTIAL PROPERTIES IN CHICAGO, ILLINOIS

CHICAGO, IL--(December 24, 2013) - Frontline Real Estate Partners acquired two properties via a deed-in-lieu of foreclosure. The properties consist of a mixed-use commercial / residential property on Chicago Avenue in the Noble Square neighborhood of Chicago, and a townhome in the South Loop. Frontline acquired the notes secured by the properties from a bank and concurrently completed a deed-in-lieu of foreclosure with the owner. “This transaction is representative of Frontline’s core competency – identifying unique off market opportunities to...

December 10th, 2013

FRONTLINE ACQUIRES INDUSTRIAL / FLEX BUILDING IN SCHAUMBURG, ILLINOIS

SCHAUMBURG, IL--(December 10, 2013) - Frontline Real Estate Partners acquired a 50,000 square foot industrial/flex property located at 707 Remington Road in Schaumburg. The property was acquired from a private seller. The building is 80% leased to tenants including Patrick BMW, Lo Voltage, and GT Motoring. “We are pleased to add the Remington Road property to our growing portfolio of industrial assets” according to Mitch Kahn, Principal & CEO of Frontline Real Estate Partners. “The property is a well-maintained, highly...

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