Investment History Sampling

3811 Grandville, Gurnee, IL

3811 Grandville, Gurnee, IL

  • A ForeFront Properties LLC Sponsorship acquisition of a vacant 345,232 SF warehouse

  • Purchased from Manulife at a low basis that allowed significant retrofit to the building and a unique strategy to eliminate the primary deficiency of the building by raising a 90,000 SF section of the roof from 16’ to 28' clear as well as updating the former 1960's facade

  • Following a successful upgrade, the property was fully leased with two long-term tenants; MGA and Woodland Foods and then sold to a Boston-based industrial REIT (STAG)


900 – 950 Busch Parkway, Buffalo Grove, IL

900 – 950 Busch Parkway, Buffalo Grove, IL

  • A ForeFront Properties LLC Sponsorship acquisition of a vacant 121,096 SF office/warehouse

  • The building was repositioned and 95% leased to two tenants; Xtreme Trampoline and The Pillow Factory

  • The asset was held for cash flow during a five-year loan period and later sold to private investment group while value was still at highpoint with leases in place


Sunrise Shopping Center, Mount Prospect, IL

Sunrise Shopping Center, Mount Prospect, IL

  • A ForeFront Properties LLC Sponsorship acquisition of a value-add 13,279 SF multi-tenant retail center

  • Successfully brought occupancy level from 43% to 100% including leases to Titlemax, Batteries Plus and a dental group

  • Sold to a family office partnership

 


551 N. Milwaukee Ave., Vernon Hills, IL

551 N. Milwaukee Ave., Vernon Hills, IL

  • A ForeFront Properties LLC Sponsorhsip acquisition of a vacant 33,400 SF free standing retail building that was last utilized by Circuit City

  • Within one month, the building was under contract to a developer who then placed TigerDirect into the building

  • The flip price allowed for efficient profits and strategic recycling of capital


881 – 905 S. Randall Road, Elgin, IL

881 – 905 S. Randall Road, Elgin, IL

  • A ForeFront Properties LLC Sponsorship acquisition of a 16,425 SF multi-tenant retail building

  • Anchored by Noodles & Co, ForeFront worked the leasing from 66% to 100% occupancy with the addition of Edward Jones, Lou Malnati's, Quest Diagnostics and others to the center

  • The property was sold to a private investor seeking a 1031 exchange