Frontline Named Court-Appointed Receiver for 42,111 Sq. Ft. Retail Center in Franklin Park

Joshua Joseph of Frontline Real Estate Partners has been appointed to serve as the Receiver for a 42,111 square foot shopping center located in Franklin Park, Cook County, IL. The property consists of 14-units and is approximately 68% occupied. Frontline will assume the management and operation of the property on behalf of current owner and lender until further court order.

About Frontline Real Estate Partners

Founded in 2010, Frontline has established itself as one of Chicagoland’s premier commercial real estate brokerage, property management, and investment companies serving real estate owners, investors, and financial institutions.

How to Value Commercial Land: A Step-by-Step Guide

Determining the value of commercial land is a crucial step in any real estate investment. Whether you're buying, selling, or developing, accurate land valuation helps you make informed decisions and avoid costly mistakes. Understanding Commercial Land Value Before diving into calculations, it's important to understand what makes commercial land valuable. Unlike developed properties, land value depends on: Future development potential Current zoning restrictions Location and accessibility Available utilities and infrastructure Environmental conditions Market demand Basic Measurements and Terms You need...

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...

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