Bridge Appoints Maduros as COO/CFO

CHICAGO—Bridge Development Partners recently hired 30-year veteran John Maduros to join its senior management team. Maduros has taken the newly-created position of chief operating officer/chief financial officer, and now oversees the operations and financial matters of the privately-owned firm. He handles accounting, property management, treasury and he will be responsible for procuring debt and equity sources and focusing on long-term financial growth.

The company focuses on the development and acquisition of industrial and office real estate in the Chicago and South Florida regions. In the past year, it has helped begin the revival of industrial construction in the Chicago-area. As reported in GlobeSt.com, last year Bridge, in a partnership with Akard Street Partners, began developing a 365,359-square-foot build-to-suit facility on about 25 acres at 8201 W. 47th St., in suburban McCook. Furthermore, in phase two of that development, Bridge will complete a 226,000-square-foot speculative industrial facility that will occupy an additional 15 acres.