Avison Young Offers Up Corporate Plaza

CHICAGO, IL- Avison Young’s Chicago Capital Markets Group has announced that they had been awarded the exclusive sale listing for The Corporate Plaza of Elmhurst at 501 W. Lake St. The plaza has two single-story class B buildings with 86,781-square-feet of space. Blue Vista Capital Partners, an institutional fund advisor, and Bridge Development, an industrial developer, both based in Chicago, own the plaza as a joint venture.

Bridge has just this year announced the acquisition of several substantial properties including a 319,043-square-foot industrial facility at Randall Crossings Business Park in Elgin, and, in a joint venture with Dallas-based Hillwood Development Co., five industrial projects totaling nearly 900,000-square-feet.