Investment History Sampling
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)
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
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
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
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