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Chicago & Midwest  + Chicago  + Greater Chicagoland  + Illinois  + Industrial  | 

Bridge Industrial Acquires Development Site in I-55 Submarket

Bridge Industrial has acquired a roughly 22-acre site located at the intersection of Route 53 and Joliet Road. The project will serve as the future home of “Bridge Point I-55 Commerce Center.”

Bridge plans to construct, on a speculative basis, two industrial Class A facilities totaling 292,011 square feet. The site was acquired by Chicagoland-based Orange Crush, LLC. Dan Leahy of NAI Hiffman represented Bridge in the sale and will serve as the leasing agent for the development.

“The greater Chicagoland area is experiencing record-low vacancy rates and sustained demand — particularly in the supply-constrained submarkets where Bridge has a large presence, such as the I-55 Corridor,” said Jon Pozerycki, Partner at Bridge.

Bridge Point I-55 Commerce Center will consist of two modern industrial warehouses — Building A, totaling 120,011 square feet and Building B, totaling 172,000 square feet. The site will be delivered with 90 trailer parking stalls and the development will be designed to LEED Certified standards.

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    Inside The Story

    Bridge IndustrialNAI Hiffman

    About Jasmine Kilman

    Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.