Bridge Industrial Acquisition of 1550 Innovation Drive Flex/R&D Campus

United States

Deal value: $39,000,000

Bridge Industrial acquired the 1550 Innovation Drive Flex/R&D Campus in Schaumburg, IL, a 120,000 SF multi-tenant facility with 24-foot clear heights, designed for advanced manufacturing and research tenants.

Bridge Industrial's acquisition of the 1550 Innovation Drive Flex/R&D Campus is driven by the belief that supply-constrained, infill industrial assets in major metros like Chicago offer durable income and long-term value. The property’s advanced manufacturing and R&D capabilities align with rising demand for mission-critical facilities fueled by e-commerce, supply chain modernization, and tenant preference for high-quality, flexible space. Bridge’s strategy focuses on acquiring and operating assets in prime logistics corridors to capitalize on market tailwinds and generate outsized returns.