The acquisition adds to Bridge Development's list of industrial and office developments, worth an estimated $40 million.
Paine/Wetzel-ONCOR International senior vice president Greg Wright represented Bridge Development, which also plans to use Wright when it ultimately sells the property.
The O'Hare submarket as well as in-fill suburbs close to the city are expected to fare well, local industrial experts have predicted, with vacancy rates continuing to remain relatively low.
NOT FOR REPRINT
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.
