High-rise commercial buildings

Sub Markets

Property Sectors

Topics

Chicago & Midwest CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Chicago & Midwest  + Greater Chicagoland  + Industrial  | 

Imperfect Foods Expands at Bridge Point Northlake

Imperfect Foods signed a long-term lease with Bridge Development Partners and PGIM Real Estate to expand its operations at Bridge Point Northlake in Northlake, IL by 45,000 square feet.
 
The tenant now occupies a total of 106,000 square feet at the cold storage facility, in an expansion to meet the exponential increase in demand for delivered food and household products brought on by the nationwide COVID-19 pandemic. 
 
To accommodate Imperfect Foods’ operations, Bridge converted the space into one large open concept room, and also recently made facility improvements, such as new doors and upgraded refrigeration systems. CBRE’s Jason Lev and John Suerth brokered the deal for both parties.
 
“Imperfect Foods’ expansion at Bridge Point Northlake is a testament to the accelerated demand that the cold storage sector is seeing since the pandemic began, and the incredible value of modern cold storage space,” said Tony Pricco, president at Bridge Development Partners.

For comments, questions or concerns, please contact Paul Bubny

Read More News Stories About: PGIM
Connect

Inside The Story

Connect With CBRE’s LevConnect With Bridge Development’s Pricco

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-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 7-10 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).

  • ◦Lease