Bridge Industrial has acquired a 12.20-acre parcel in Downers Grove, located in the Central DuPage County submarket. The site, strategically located with prime interstate highway frontage, currently serves as a functionally obsolete, single-story suburban office building.

Bridge Industrial plans to redevelop the property into a state-of-the-art 240,000-square-foot industrial facility. This acquisition marks the firm’s ninth office-to-industrial conversion, transforming over twenty-five obsolete office buildings into 5.4 million square feet of Class A logistic space.

Conveniently located with easy access to and high visibility along major transportation routes I-355 and I-88, the parcel’s proximity to both downtown Chicago and O’Hare International Airport allows for a unique combination of regional distribution use and seamless last-mile delivery opportunities for occupiers.

“We are focused on sourcing off-market opportunities of functionally obsolete, struggling suburban office properties to transform them into modern sustainable industrial facilities,” said Jon Pozerycki, Partner, Chicago Region, Bridge Industrial.