Chicago & Midwest CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Bridge Industrial Acquires Land for Mundelein Facility
Bridge Industrial has acquired a site in Mundelein, IL, which will serve as the future home of Bridge Point Mundelein – a 320,196-square foot, Class A industrial facility. CBRE’s Whit Heitman, Sam Badger, and Jared Paff brokered the transaction for the site.
Located at 290 Townline Road, the development will boast features including 271 stalls for car parking and 101 stalls for trailer parking; 2 drive-in doors; and 36-foot clear ceiling heights. Additionally, Bridge Point Mundelein will offer prospective tenants ane opportunity for building customization with a speculative office built-to-suit.
Groundbreaking on the site will commence immediately and the project is expected to be completed in the third quarter of 2022.
“Bridge is known for delivering top-of-the-line industrial facilities in highly sought-after markets, and the acquisition of this site will allow us to do just that with Bridge Point Mundelein,” said Nick Siegel, partner for Bridge’s Chicago region.
- ◦Development