160
ELK GROVE VILLAGE, ILL. —Chicago-based Bridge Development Partners has acquired a 212,200-square-foot industrial facility, located at 2201 Lunt Ave. in Elk Grove Village. Bridge and its capital partner, Wanxiang America Corp. of Elgin, Ill., paid $3.6 million for the property. The facility is currently leased to stationary company House of Doolittle and trucking firm CR Express. Bridge plans to redevelop the property into an air cargo building with 35 docks. Construction is scheduled for the spring of 2013. David Bercu, Thomas Rodeno and Patrick Turner of the Rosemont, Ill. office of Colliers International represented the seller, Minnetoka, Minn.-based Welsh Cos.