Bridge Industrial acquired a roughly 22-acre site at the core of the I-55 submarket at the intersection of Rt. 53 and Joliet Road in Romeoville, Illinois.
The project will serve as the future home of ‘Bridge Point I-55 Commerce Center,’ for which Bridge plans to construct, on a speculative basis, two industrial Class-A facilities totaling 292,011 square feet.
Bridge acquired the site from Chicagoland-based Orange Crush, LLC., which previously used the facility as an asphalt crushing and transloading facility. Construction is slated to begin in the second quarter of 2024, with project delivery anticipated in mid-2025. Dan Leahy of NAI Hiffman represented Bridge in the sale and will serve as the leasing agent for the development once completed.
Bridge Point I-55 Commerce Center will consist of two modern industrial warehouses — Building A, totaling ± 120,011-square-feet and Building B, totaling ± 172,000-square-feet. Building A will feature 36-foot clear heights; 25 exterior docks; 2 drive-in doors; and 106 car parking stalls with the ability to expand up to an additional 117 car parking stalls. Building B will feature 36-foot clear heights; 43 exterior docks; 2 drive-in doors; and 107 car parking stalls. In addition to the features listed herein, the site will be delivered with 90 trailer parking stalls as a stand-alone lot to have the flexibility to serve both Buildings A and B. The development will also be designed in accordance with LEED Certified standards.
The buildings’ flexible design will cater to a range of user needs — with divisibility options from 40,000 square feet up to 170,000 square feet — and a wide variety of tenant types seeking modern Class A space in the core I-55 submarket.
