Ronald T. Frain and Steven F. Poulos, Principals of Bridge Development Partners, LLC anounced that their firm purchased a vacant 160,000 square foot industrial facility, formerly occupied by Montgomery Ward, located at 5150 McDermott Drive in Berkeley.
Situated near the four-way interchange of Interstate 290 and St. Charles Road, the Berkeley property is divisible and offers 18 docks, heavy loading and heavy power. The building also features air conditioning throughout and a full ADT Security System with burglar and fire protection as well as sprinkers. Neighboring Elmhurst, the building is within close proximity of O'Hare International Airport and Midway Airport, as well as an abundant labor pool.
Headquartered in Chicago, Illinois, Bridge Development Partners, LLC is a privately held firm that specializes in the development of commercial real estate. The company is currently developing over $40 million in industrial and office projects in the greater Chicagoland area.