Bridge Industrial Acquires Prime 12.20-Acre Site in Downers Grove, IL
Bridge Industrial, a leader in the office-to-industrial redevelopment trend, bolsters its portfolio with this valuable acquisition
Chicago, IL (March 31, 2025): Bridge Industrial, a privately-owned, vertically integrated real estate operating company and investment manager, announced the acquisition of a 12.20-acre parcel in Downers Grove, located in the Central DuPage County submarket. The site, strategically located with prime interstate highway frontage, currently serves as a functionally obsolete, single story suburban office building. Bridge Industrial plans to redevelop the property into a state-of-the-art +/- 240,000 square foot industrial facility.
This acquisition marks the firm’s ninth office-to-industrial conversion, transforming over twenty-five obsolete office buildings into 5.4 million square feet of Class A logistic space, all the while supporting its commitment to sustainable development by repurposing antiquated structures into energy-efficient facilities.
Bridge Industrial plans to redevelop the site into an optimally designed Class A facility that includes – 36’ clear height, up to 38 exterior docks, 2 drive-in doors, +/-168 car parking stalls, an ESFR sprinkler system, and energy-efficient LED lighting to maximize business opportunity while minimizing environmental impact.
Conveniently located with easy access to and high visibility along major transportation routes I-355 and I-88, the parcel’s proximity to both downtown Chicago and O’Hare International Airport allows for a unique combination of regional distribution use and seamless last-mile delivery opportunities for occupiers.
“Bridge Industrial is leading the office-to-industrial conversion trend. We are focused on sourcing off-market opportunities of functionally obsolete, struggling suburban office properties to transform them into modern sustainable industrial facilities,” said Jon Pozerycki, Partner, Chicago Region, Bridge Industrial. “And our latest acquisition in Downers Grove does just that. It is strategically located in the Central DuPage, I-355 submarket, which currently has one of the lowest vacancy rates of any Chicago submarket and supports our strategy of owning and operating high value assets in supply-constrained, infill locations,” continued Pozerycki.
About Bridge Industrial
Bridge Industrial, a privately-owned, vertically integrated real estate operating company and investment manager transforms complex real estate opportunities into irreplaceable industrial assets. Bridge Industrial acquires and develops sites where it can leverage its expertise in complex transactions, skilled site development, creative property solutions, and successful leasing. The firm seeks opportunities to acquire and develop Class A logistics real estate, in the supply-constrained core markets of Chicago, Miami, New Jersey, New York, Los Angeles, San Francisco, Seattle, UK, and Europe. Since its inception in 2000, Bridge has successfully acquired and developed close to 74 million square feet of logistics facilities.
