Bridge Point Franklin Park Ranks as one of the Largest Chicago Industrial Sales in 2019


January 3, 2020




Bridge Point Franklin Park

Morgan Stanley’s Prime Property Fund purchased this massive industrial park from Itasca-based Bridge Development Partners in December. Talk about a healthy sign for the industrial market – this was one of the largest deals in many years for the Chicago market.

The Bridge Point Franklin Park property located at 10601 Franklin Avenue was part of a massive deal between Bridge Development and Prime Property Fund. At the same time of this deal, Prime Property Fund also paid $84 million for a second property in Downers Grove, Illinois as well as a third property in Pompano Beach Florida, bringing the total price tag for the portfolio to over $200 million.


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