A sunny summer day in July 2009, Triton Realty Group LLC’s President, Matthew A. Fritzshall is sitting with the owner of 3617-27 W. Lawrence in one of the small ground floor office spaces. It’s one of his first meetings in the multi-family brokerage business. While the owner is willing to meet; he is not willing to sell in the midst of the Great Recession. Fast forward 14 years, Matt’s made countless calls, kept in touch, and now the owner is ready to retire.
Although ownership chose to list the property with a different firm, Matt didn’t give up on trying to bring the best offer to the table. With multiple offers received, the seller chose Triton’s buyer client based in part on Matt’s relationship and ability to bring the best deal terms to the table.
Congrats to our buyer client on acquiring 3617-27 W. Lawrence Ave. and the seller for cashing out after many years of ownership. This mixed-used building is comprised of 38 units (32 apartments and 6 retail spaces) along Lawrence Avenue. It is a few blocks west of the Kimball Brown Line “L” Station and in a strong commercial corridor with retailers: ALDI, Walgreens, Dollar Tree, Family Dollar, Discovery Clothing, Petco, Sally Beauty, Chase Bank, Fifth Third Bank, Starbuck's, Dunkin', McDonald's and Popeye's among many others.
Special shout out to Andrew Rubin of Frontline Real Estate Partners, LLC who was a pleasure to work with. Congrats to all involved in the sale!