TradeLane Properties Closes On The Sale Of Bridgeview Logistics Center
Oak Brook, IL – TradeLane Properties is proud to announce the sale of TLP Bridgeview Logistics Center, located at 7557-7575 S. 78th Ave, in Bridgeview Illinois. Michael Caprile, Ryan Bain and Zach Graham of CBRE Capital Markets represented TradeLane Properties in the disposition.
Through its value-add industrial platform, TradeLane Properties Fund I, TradeLane Properties was able to reposition this 254,425 SF industrial building via roof replacement, repaving of truck courts, new mechanical systems, LED lighting, stormwater detention relocation as well as the addition of parking and electrical charging locations for over 670 delivery vans to create this last-mile delivery station.
TradeLane Properties would like to thank CBRE National Partners, Krusinski Construction Company, Pinnacle Engineering Group, CIBC Bank, and Greenberg Traurig LLP for their assistance in this transaction.
About TradeLane Properties
TradeLane Properties is a privately held Industrial real estate company committed to harnessing its founders’ expertise in acquiring, developing, redeveloping and operating industrial real estate facilities. Combining 75 years of experience, two publicly traded industrial REIT’s and decades of extensive value creation for shareholders, employees and customers, the TradeLane Properties founders have a proven track record of success. For more information, visit www.tradelaneproperties.com or call Kari Lavezzi at (630) 320-5501.