KNOXVILLE, TN–(November 26, 2013) – Frontline Real Estate Partners closed today on the acquisition of the Knoxville Office Flex Portfolio. The portfolio consists of two office/flex buildings totaling 80,000 square feet located in the high growth area of West Knoxville. The buildings are currently 72% leased to a strong roster of tenants including Team Health, Guardian Pharmacy, Direct Buy, and Sun Tan City. “We are pleased to add the Knoxville properties to our growing real estate portfolio,” said Mitch Kahn, Principal of Frontline Real Estate Partners. “The properties have been managed in a first class manner and we look forward to creating value through continued hands-on management and aggressively leasing the vacant spaces.”
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.