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Frontline Real Estate Partners

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Frontline Closes Sale of Former Chase Bank Branch in Bloomington, IN

BLOOMINGTON, IN (March 27, 2017) - Frontline Real Estate Partners has closed the sdale of a former Chase Bank branch located in Bloomington, IN. The vacant building was sold to a local investor who intends to redevelop the site. Multiple offers were procured during by Frontline and the transaction closed within six (6) weeks of listing the property for sale. About Frontline Real Estate Partners Frontline Real Estate Partners, LLC is a Chicago-based real estate investment and advisory company with...

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Frontline Closes Sale of Mixed-Use Building in Portage Park

CHICAGO, IL (February 7, 2017) - Frontline Real Estate Partners has closed the sale of a 17,800 square foot mixed-use property located at the southwest corner of Belmont & Central in the Portage Park neighborhood of Chicago. The property consists of ten (10) retail storefronts and four (4) second floor apartments. Throughout the marketing process, multiple offers were procured, and the transaction closed within six (6) weeks of contract signing. About Frontline Real Estate Partners Frontline Real Estate Partners, LLC...

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Frontline Closes Sale of Freestanding Bank Branch in Western Springs

WESTERN SPRINGS, IL (January 5, 2017) - Frontline Real Estate Partners has closed the sale of a freestanding, former bank branch located at the corner of Wolf Road and 55th Street in Western Springs. Frontline sold the property on behalf of a bank client that had taken title to the 1,900 square fot building. The property was constructed in 2007 with two drive-through lanes and an ATM lane. About Frontline Real Estate Partners Frontline Real Estate Partners, LLC is a...

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FRONTLINE CLOSES SALE OF MULTI-TENANT AUTOMOTIVE CENTER

ARLINGTON HEIGHTS, IL--(November 14, 2016) – Frontline Real Estate Partners has closed the sale of a 20,794 square foot multi-tenant automotive center located at 400 W. Northwest Highway in Arlington Heights. The building, located across from the Arlington Heights Metra Station, was fully leased at the time of sale to six (6) tenants including AAMCO and Meineke. Frontline obtained multiple offers during the sale process and worked with the purchaser to waive multiple contingencies including financing, EPA, and estoppel requirements....

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FRONTLINE SELLS $13.5 MILLION MULTIFAMILY PORTFOLIO IN CHICAGO

CHICAGO, IL--(October 20, 2016) – Frontline Real Estate Partners has closed the sale of a portfolio of three multifamily buildings on Chicago's north side. The portfolio, which totaled 232 apartments and eight storefronts, was sold for $13,500,000. After multiple offers were procured, the property went under contract and closed within 33 days thereafter. Frontline represented a bank client on the sale and sold the portfolio to a local real estate company. About Frontline Real Estate Partners Frontline Real Estate Partners,...

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FRONTLINE CLOSES SALE OF 13,350 SF RETAIL BUILDING IN EVERGREEN PARK

EVERGREEN PARK, IL--(October 13, 2016) – Frontline Real Estate Partners has closed the sale of a 13,350 square foot retail building located at 2952-58 W. 95th Street in Evergreen Park. The sale process, led by Matthew Tarshis, resulted in multiple offers being procured. The building was sold to an owner/user who intends to redevelop the property.

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FRONTLINE CLOSES SALE OF JIFFY LUBE NET LEASED PROPERTY IN WOODSTOCK, IL

WOODSTOCK, IL--(January 29, 2016) – Frontline Real Estate Partners has closed the sale of an 11,300 square foot commercial building fully leased to Jiffy Lube and a car wash operator. The building sold for $1.2 million on January 29, 2016. Frontline was engaged as the exclusive listing agent for the owner of the property – a bank that took ownership through foreclosure. Frontline also served as property manager for the owner. About Frontline Real Estate Partners Frontline Real Estate Partners,...

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FRONTLINE APPOINTED RECEIVER OF INDUSTRIAL BUILDING IN CHICAGO

CHICAGO, IL--(January 13, 2016) – Frontline principal Joshua Joseph has been appointed by the Circuit Court of Cook County to serve as the receiver for a 3-unit industrial building on Chicago’s west side. The note is held by an Atlanta based servicer. The property was reported to be fully occupied at the time of appointment. 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,...

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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...

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