Bridge Industrial Sale of Bridge Point Downers Grove

Deal value: $52,000,000

Bridge Industrial sold a 260,000 SF multi-tenant flex industrial campus in Chicago suburbs, with 30% office buildout and 24-foot clear heights, catering to tech and logistics tenants.

The sale reflects a strategic move to capitalize on strong demand for modern, flexible industrial space in supply-constrained suburban Chicago markets. Bridge Industrial is likely monetizing value created through redevelopment and repositioning, taking advantage of favorable market conditions and investor appetite for logistics assets. The timing aligns with peak industrial leasing activity and low vacancy rates, driven by e-commerce growth and last-mile distribution needs.