Bridge Development Makes Chicago-Area Industrial Acquisition

Bridge Development Partners has purchased a 1937-built warehouse in Bedford Park, Ill., planning to redevelop it into a modern distribution facility by the end of 2019. The upcoming property, Bridge Point Bedford Park, is expected to encompass approximately 220,000 square feet divisible down to 45,000 square feet.

The property will be located on 12 acres at 6855 W. 65th St. and will be the first industrial facility to be built in the Bedford Park submarket in more than a decade. It is expected to feature 32-foot clear height, 180 parking spaces, 33 exterior loading docks and 44 trailer parking positions. The loading docks can be expanded to 42.