Bridge, Wanxiang Plan to Construct New Air Cargo Building

ELK GROVE VILLAGE, IL-Chicago-based Bridge Development Partners LLC has invested $3.1 million on an empty warehouse property in Elk Grove Village.

By GlobeSt News Hub | March 26, 2012 at 01:01 AM

ELK GROVE VILLAGE, IL-Chicago-based Bridge Development Partners LLC has invested $3.1 million on an empty warehouse property in Elk Grove Village. Earlier this month, Bridge and its capital partner Elgin-based Wanxiang America Real Estate LLC purchased the industrial facility at 2727 E. Higgins Road from Harold Sudakoff.

Bridge and Wanxiang are planning to start construction on a new air cargo building measuring 130,000 square feet on the site this summer. Sudakoff bought the property in 1999 for $6.3 million. For the full story, go to Crain's Chicago Business .

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