Frontline Closes Sale of 14-Unit Multifamily Development in Riverside, IL

RIVERSIDE, IL–(December 5, 2013) – Frontline Real Estate Partners closed the sale of the Riverside Village Center, a prominent mixed-use condominium development located at 10 E. Burlington Street in the historic downtown district of Riverside, Illinois. The sale included ten residential and four commercial condos with an occupancy rate of 80%. The asking price of the 14-unit portfolio was $6,370,000. The seller was a banking institution and the buyer was a local investor.

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 of commercial 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.

The 5 Types of Industrial Real Estate

At Frontline Real Estate Partners, we've had a front-row seat to the industrial real estate sector's transformation into a commercial property market powerhouse. The explosive growth of e-commerce and the evolution of supply chain strategies have made understanding the nuances of industrial real estate more crucial than ever. Let's take a deep dive into the various types of industrial properties that are shaping today's market. 1. Warehouses and Distribution Facilities Warehouse and distribution facilities are the backbone of the industrial...

The Shift Towards Mixed-Use Developments in Urban Chicago

Chicago, a city known for its architectural innovation and urban landscape, is witnessing a significant shift towards mixed-use developments. This trend, blending residential, commercial, and recreational spaces, offers a holistic approach to urban living. What are Mixed-Use Developments? Mixed-use developments integrate various types of real estate, such as housing, offices, retail shops, and public spaces, into a single complex. This approach contrasts with traditional urban planning, where different zones are distinctly separated. Benefits of Mixed-Use Development in Chicago The shift...

Navigating the Future of Retail Space in the Digital Era

Reimagining Retail The landscape of retail spaces is undergoing a profound transformation. These changes are driven by the meteoric rise of e-commerce and shifting consumer preferences. This metamorphosis is especially relevant in vibrant markets like Chicagoland. This is because commercial real estate is a dynamic and vital part of the economy. As we look to the future of retail, it’s important to understand the connection between traditional brick-and-mortar stores and online retailers. This includes the growing significance of experiential retail,...

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