Frontline Real Estate Partners

We Offer Commercial Real Estate

Sales, Leasing, Receivership, Property
Management, Advisory, Valuation

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What Is Commercial Maintenance & Why Is It Important?

Preserve the Physical Condition of Your Property First and foremost, quality commercial property maintenance services pay off in the end because upkeep is much less expensive than repairs that could have been avoided. Regular inspections, repairs, and preventive maintenance can address potential issues before they escalate into major problems. This proactive approach ensures that the property remains in optimal condition, preventing any unnecessary deterioration or costly repairs in the long run. A comprehensive maintenance plan ensures that all aspects of...

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

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 to know these key measurements and terms to understand land valuation. Standard Acre vs Commercial Acre Standard Acre = 43,560 square feet Commercial Acre = 36,154.8 square feet (83% of standard acre) The...

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What Is Industrial Real Estate? The 5 Types You Need to Know

What Is Industrial Real Estate? Industrial real estate refers to properties utilized for the development, production, manufacturing, assembly, storage, or distribution of...

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The Shift Towards Mixed-Use Developments in Urban Chicago

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 towards these developments in Chicago brings multiple benefits. Enhanced Community Engagement: These spaces foster a sense of community by bringing together different aspects of daily life. Residents can live, work, and socialize in close...

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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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Technology and Commercial Real Estate in Chicago

How Proptech is Shaping the Future of Real Estate in Chicago In the ever-evolving landscape of Chicago’s commercial real estate (CRE), property technology (proptech), VTS products, and real estate media software emerge as transformative tools in this sector. From property management to showcasing building amenities through virtual tours, the integration of proptech is not just reshaping the way the real estate market operates in Chicago but is also setting new benchmarks for the commercial real estate industry at large. Property...

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Navigating Chicago Zoning: A Practical Guide for Commercial Investors

Decoding the Chicago Zoning Ordinance The foundational rulebook for development is the Chicago zoning ordinance. Rather than getting lost in the weeds, investors should understand the basic framework of how the city classifies commercial property. Properties are primarily divided into distinct districts, with the most relevant for commercial investors being: B (Business): Generally refers to retail storefronts and mixed-use buildings embedded in residential neighborhoods. C (Commercial): Generally refers to properties that see heavier commercial uses, often auto-oriented or larger-scale retail,...

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The Impact of Remote Work on Chicago’s Office Spaces

A Dip in Demand, A Rise in Flexibility Even before the pandemic, remote work was gradually gaining traction, but the crisis propelled this trend into overdrive. Organizations big and small transitioned to remote work models, either partially or wholly, resulting in a diminished need for expansive office spaces. In Chicago, an observable dip in demand for traditional office spaces is notable. Many companies are reassessing their spatial needs, opting to downsize or adopt more flexible workspaces that can cater to...

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Opportunities and Challenges of Coworking Spaces in Chicago

Opportunities Increased Demand With the proliferation of startups, freelancers, and remote workers, there is a growing need for flexible workspaces. Traditional leases are often infeasible for these groups due to their long-term commitments and high costs. Coworking spaces offer a solution, thus creating a new category of potential tenants for commercial property owners. DIversification of Income Because coworking spaces attract a range of businesses—from one-person startups to larger companies needing satellite offices—property owners can diversify their tenant base. This lowers...

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