Frontline Real Estate Partners

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Sales, Leasing, Receivership, Property
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FRONTLINE CLOSES SALE OF MIXED-USE BUILDING IN NORTH RIVERSIDE

NORTH RIVERSIDE, IL--(May 21, 2015) – Frontline Real Estate Partners closed the sale of an 8,250 square foot mixed use building located at 7924 W. 26th Street in North Riverside, Illinois. The three-story building consisting of four 2-bedroom apartments and two retail storefronts was fully occupied at the time of sale. Frontline listed the property for sale on behalf of a bank that took ownership through foreclosure. Multiple offers were procured to purchase the property within the first two weeks...

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FRONTLINE CLOSES $50MM SALE-LEASEBACK TRANSACTION IN JACKSON, OH

NORTHBROOK, IL--(April 16, 2015) – Frontline Real Estate Partners was engaged by Bellisio Foods, one of North America’s largest branded providers of frozen foods, to run a streamlined marketing process to result in a sale-leaseback of their primary manufacturing facility and ancillary properties located in Jackson, Ohio. The state of the art production plant and support buildings totaled 704,000 square feet. Frontline was able to generate several all-cash offers from qualified investors and ultimately closed on the $50.0 million sale-leaseback...

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FRONTLINE CLOSES SALE OF INDUSTRIAL PROPERTY IN AURORA

AURORA, IL--(April 10, 2015) - Frontline Real Estate Partners closed the sale of an 8,448 square foot warehouse located at 1285 Aurora Avenue, Aurora. The sale closed on April 10, 2015, just five weeks after the property was listed for sale. Frontline had managed the building as court-appointed receiver for the property from October 2013 through January 2015 before listing the property. About Frontline Real Estate Partners Frontline Real Estate Partners, LLC is a Chicago-based real estate investment and advisory...

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FRONTLINE CLOSES SALE OF FREESTANDING RETAIL BUILDING IN HAMMOND, INDIANA

HAMMOND, IN--(April 9, 2015) - Frontline Real Estate Partners closed the sale of a vacant retail building located at 2109 Calumet Avenue, Hammond, IN on April 9, 2015. The property was vacant and sold as a redevelopment site. The closing occurred less than two months after Frontline had listed the property for sale. Prior to selling the property, Frontline had served as court-appointed receiver for the property. About Frontline Real Estate Partners Frontline Real Estate Partners, LLC is a Chicago-based...

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FRONTLINE CLOSES SALE OF GAS STATION IN HANOVER PARK

HANOVER PARK, IL--(April 3, 2015) - Frontline Real Estate Partners closed the sale of an operating gas station at 2370 W. Lake Street, Hanover Park on April 3, 2015. The property features five double-sided pumps and a 2,400 square foot convenience store. The property was bank owned. 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...

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FRONTLINE CLOSES SALE OF FORMER JAKE’S PIZZA RESTAURANT, MOUNT PROSPECT

MOUNT PROSPECT, IL--(February 18, 2015) - Frontline Real Estate Partners closed the sale of the former Jake's Pizza restaurant building located at 302 W. Northwest Highway, Mount Prospect, IL. The vacant 4,600 square foot restaurant was located in downtown Mount Prospect near the Metra station. Multiple offers were obtained during the marketing process which closed on February 18, 2015. About Frontline Real Estate Partners Frontline Real Estate Partners, LLC is a Chicago-based real estate investment and advisory company with expertise...

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FRONTLINE CLOSES SALE OF DOUGLAS SQUARE SHOPPING CENTER, OSWEGO

OSWEGO, IL--(December 31, 2014) - Frontline Real Estate Partners closed the sale of the Douglas Square Shopping Center in Oswego on December 31, 2014. The property consisted of two retail strip buildings and two office buildings totaling a leasable area of 28,302 square feet. Tenants of the property included 7-Eleven, Edward Jones, Farmer's Insurance, and other local retail and office users. The property was listed for $2,500,000 and was sold by the bank-owner to a local investment group. About Frontline...

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FRONTLINE CLOSES SALE OF 33,436 S.F. INDUSTRIAL BUILDING IN SCHAUMBURG

SCHAUMBURG, IL--(December 30, 2014) - Frontline Real Estate Partners closed the sale of a 33,436 square foot industrial building located in the Woodfield Business Center on December 30, 2014. The building consisted of two units with ADP leasing 13,170 square feet and the remaining 20,059 space vacant at the time of sale. The property featured three dock level doors, two drive in doors with 21 foot clearance, and a new roof installed in 2011. According to Andrew Rubin of Frontline...

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FRONTLINE CLOSES SALE OF CLOCK TOWER PLAZA IN NORTH AURORA

NORTH AURORA, IL--(March 28, 2014) - Frontline Real Estate Partners closed the sale of the 38,380 square foot Clock Tower Plaza retail center in North Aurora. The property, located at the southeast corner of Randall Road & Oak Street, was leased to a mix of national, regional and local tenants including Subway, H&R Block, State Farm Insurance, and several others. The seller was a Chicago area bank that had foreclosed on the property. The buyer was a real estate investor...

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