ELK GROVE VILLAGE, IL-Chicago-based Bridge Development PartnersLLC has invested $3.1 million on an empty warehouse property in ElkGrove Village. Earlier this month, Bridge and its capital partnerElgin-based Wanxiang America Real Estate LLC purchased theindustrial facility at 2727 E. Higgins Road from HaroldSudakoff.

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

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