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Frontline Real Estate Partners

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FRONTLINE ACQUIRES SHOPPING CENTER IN ORLAND PARK, ILLINOIS

ORLAND PARK, IL--(March 29, 2013) - Frontline Real Estate Partners acquired Orland Park Plaza, a 60,000 square foot shopping center on 94th Avenue in Orland Park. The property was acquired via an REO sale from a local banking institution. The center is 76% leased to tenants including Savers, the largest for profit thrift retailer in the United States. Additional tenants include Charter Fitness and Space Golf. “Orland Park Plaza represents a rare opportunity to acquire a well leased retail center...

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FRONTLINE SELLS RUBY TUESDAY RESTAURANTS IN CHAPTER 11 BANKRUPTCY

NORTHBROOK, IL--(March 15, 2013) - Frontline Real Estate Partners completed the bankruptcy sale of a portfolio of Ruby Tuesday restaurants throughout Illinois. Frontline served as the court-appointed real estate advisor in the Chapter 11 bankruptcy of RT Midwest, LLC, a Ruby Tuesday franchisee headquartered in Minnesota with locations. Frontline led an expedited marketing process to secure sale-leaseback financing allowing the company to reorganize and exit bankruptcy. A bankruptcy auction was held attracting several sale-leaseback buyers as well as users and...

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