August 14, 2019
Bridge Development Partners acquired a 10.87-acre property at 4110 Finley Road in Downers Grove, IL, which will serve as the home for an extension of its Class-A industrial campus, Bridge Point Downers Grove. Terms weren’t disclosed.
Bridge acquired the property from the same undisclosed developer as it did its neighboring site, and will construct a brand-new, 133,443-square-foot industrial facility. The new building, representing Phase II of Bridge Point Downers Grove, will be the fourth constructed at the development. A late summer 2020 completion is expected.
Phase I of the project totals 678,858 square feet. Since beginning construction in June 2018, Phase I has signed Remedi SeniorCare, ThyssenKrupp, and Coopers Hawk Winery & Restaurants as tenants. Construction at Phase I is now complete.
Cushman & Wakefield’s Jason West, Sean Henrick, Michael Magliano, Doug Pilcher and David Friedland will serve as lead leasing brokers for both Phase I and Phase II.
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Tags: Acquisition, Development, Industrial
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