SCHAUMBURG, IL–(December 10, 2013) – Frontline Real Estate Partners acquired a 50,000 square foot industrial/flex property located at 707 Remington Road in Schaumburg. The property was acquired from a private seller. The building is 80% leased to tenants including Patrick BMW, Lo Voltage, and GT Motoring. “We are pleased to add the Remington Road property to our growing portfolio of industrial assets” according to Mitch Kahn, Principal & CEO of Frontline Real Estate Partners. “The property is a well-maintained, highly functional industrial/flex building that has multiple opportunities to create value.”
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.