Bridge Development Partners, LLC, Chicago, announced a 132,000-square-foot lease to Chicago-based Frozen Assets Cold Storage at Bridge Point Northlake, a 256,752-square-foot cold storage facility that’s centrally located to serve the entire Chicago area.
“We’ve seen a surge in demand for high-quality cold storage space, far in excess of new supply. In fact, Bridge Point Northlake is the only available freezer space of this scale inside I-290/294,” says Brian Niven, cold storage principal at Bridge Development. “We still have about 120,000 square feet to lease, but with this level of demand, we’re confident that the remaining space will go quickly.”
Located at 555 Northwest Avenue in Northlake, Ill., Bridge Point Northlake is minutes away from O’Hare International Airport, with immediate access to Interstates 294 and 290 and proximity to Interstates 90, 88 and 355. The site also benefits from proximity to the Union Pacific Intermodal to the south and the Canadian Pacific Intermodal to the north.
The newly constructed and redeveloped property features clear 32- to 40-foot ceiling heights, 4,000-amp power feed, an ESFR sprinkler system, 104 dock positions and 91 trailer stalls.
Frozen Assets Cold Storage provides cold storage, freezing, blast freezing, exporting, labeling and cross-docking services.