Chicago & Midwest CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
MDH Reaches Full Occupancy at Bedford Park Industrial Complex
Atlanta-based MDH Partners reached lease-up of 7447 S Central Ave., a 118,218-square-foot industrial building in Bedford Park, IL, with a 55,718-square-foot lease by Better Earth, an Atlanta-based sustainable food service packaging company. NAI Hiffman’s Steve Connolly and Chris Gary marketed and leased the building on ownership’s behalf. Lee & Associates’ Calvin Gunn represented the tenant.
The building is one of six in the Chicago Infill Net Lease Portfolio, purchased by MDH Partners in October 2021. The portfolio spans 1.3 million square feet and is located approximately three miles south of Midway International Airport with direct access to the Belt Railway.
“The acquisition of the Chicago Infill Net Lease Portfolio in 2021 was a huge milestone for MDH as it marked our entrance into the Chicago industrial market,” said Drew Crawford, VP at MDH Partners. “Now, the lease-up of 7447 S Central Ave. to an Atlanta-based brand marks a full-circle moment.”
Meet industry experts at the upcoming Connect Midwest: Multifamily and Adaptive Reuse Trends, which takes place June 13, 2023 at the W Chicago City Center Hotel. Click here for more information and to register.
- ◦Lease