(Read more on the industrial market.)
BOLINGBROOK, IL- Chicago-based Bridge Development Partners LLC and their institutional partner San-Francisco-based McMorgan & Co. have acquired Bolingbrook Corporate Center Two at 101 E. Crossroads Pkwy. The 283,630-sf industrial building was acquired from ASA Properties, a client of Persis Asset Advisors LLC, both based in Honolulu.
The sales price was approximately $13 million, confirmed Tony Pricco, a principal with Bridge Development Partners. Pricco said the building is currently vacant. The seller was represented by Steve Disse, Jeff Devine and Jeff Kahan, all with Colliers Bennett & Kahnweiler.
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