Chicago Developer Picks Up Flex Warehouse Near Arts District

Bridge Development Partners has paid Atlas Capital Group $68 million for a large warehouse property near Downtown Los Angeles.

The development, called the BoxYard, has five buildings with a total of 286,000 square feet of rentable flex space, according to Atlas’ website, which says it recently underwent a renovation. It sits on 8.2 acres at 2425 E. 12th Street, south of the Arts District.

Tenants include clothing wholesaler Special A, women’s clothing retailer People’s Project, and The Berrics, a popular skatepark.