FARMINGTON HILLS, MI–(October 31, 2013) – Frontline Real Estate Partners completed a ground lease with McDonald’s for 1.4 acres of the 9.38 acre site acquired in November 2012. The parcel is leased to McDonald’s on a 20 year ground lease. Frontline is developing the remaining acreage into additional retail uses along with an existing Enterprise Rent-A-Car facility. The property is located at the heavily trafficked corner of Grand River Avenue and Drake Road in Farmington Hills, Michigan. Farmington Hills is one of the premier retail trade areas in Michigan and is the largest community in Oakland County with a population of more than 80,000 residents. “We are excited to welcome McDonald’s to our new development in Farmington Hills and look forward to a long and successful relationship” according to Josh Joseph, Principal of Frontline Real Estate Partners.
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 ofcommercial 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.