Bridge Industrial Plans to Build in Low-Vacancy I-55 Corridor
Bridge Industrial acquired a 66.93-acre parcel of land in the I-55 corridor in Romeoville, IL. The future site, Bridge Point Romeoville, will consist of two Class A buildings totaling 660,280 square feet.
Bridge acquired the vacant farmland site from a private seller and plans to immediately begin the grading and earthwork necessary to prepare it for development of two state-of-the-art industrial facilities. Bridge Point Romeoville is expected to be delivered in the third quarter of 2023.
“The I-55 Corridor submarket has record low vacancy rates and has seen continued strong demand for big-box facilities,” said Jon Pozerycki, partner, Chicago region at Bridge. “These planned state-of-the-art facilities are ideal for a range of modern tenants, and we look forward to attracting top-tier logistics and distribution tenants to the project.”
NAI Hiffman’s Adam Roth, David Haigh and Packy Doyle will serve as leasing agents for the development.
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. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces.
Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.
Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).