CHICAGO—The Tribune Company has leased 18,500-square-feet of distribution space at 2500 West Bradley Place, the 350,000-square-foot second phase of Bradley Business Center located at 2630 West Bradley Place near Addison St. and Western Ave.
“Logistically, Bradley Business Center's easy access to I-90/94 offers the perfect solution for the Tribune Company's distribution needs,” says Michael McLean, senior vice president of Centrum Partners, developer of the Bradley Business Center. “The recently reinvented building also provides plenty of flexibility for future expansion.”
The surrounding North Center neighborhood has a large number of highly-educated young families, many of them affluent, and helped Centrum and their joint venture partner Hansen Realty, fill up the first phase of the project. Late last year, the center's first 150,000-square-feet were fully occupied with leases to Goldfish Swim School and IK Gymnastics.
“We are continuing to build on our success with sports and recreational tenants, who seem to flourish at the site and are loved by the community,” says Rick Hansen, president of Hansen Realty. “These businesses provide options to families who don't want to travel great distances to suburban locations in order to provide extracurricular activities for their kids. We are now excited to focus on the second phase of the Bradley Business Center and bring more opportunities like this to residents in the area.”
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Brian J. Rogal
Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.
