Bridge Development Partners, LLC today announced that it has reached a long-term lease agreement with a national logistics company at the master-planned Bridge Point North Business Park in Waukegan, IL.
The tenant, which has an existing presence in Waukegan, will occupy the entirety of Bridge Point North’s recently completed Building VI, spanning 188,944 square feet.
Building VI is one of four being constructed as part of the project’s third phase, which will add a total of 919,281 square feet to the 225-acre campus. Bridge expects to complete building IX, the largest of the four, by the end of 2020.
A CBRE team of SVPs Whit Heitman and Sam Badger and VP Jared Paff represented Bridge. Nick Siegel, partner for Bridge’s Chicago region, said, “We look forward to engaging with more companies in need of modern space that can fuel both their growth and that of the wider industrial market.”
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism.
Email the Author
Reach over 250,000 Commercial Real Estate Professionals with Connect
Connect CRE reaches the top commercial real estate players nationwide and across all property types, offering you a variety of ways to showcase your team, your expertise and your brand to CRE decision makers.
The home for CRE news and everything you need to stay informed on deals, trends, and transactions, providing a platform to get your brand in front of your target audience.
Daily CRE Emails
Reaching over 150,000 inboxes across the nation every day, Connect’s Daily News emails provide advertising opportunities specific to your market.
Bi-Weekly Property Sector Emails
Focus your advertising on emails dedicated to your property sector and stay visible to current and potential clients.
Position your team as experts in your field with content created by Connect’s editorial team and published on Connect’s news emails. Showcase your intelligence and broaden your reach.