Expeditors International Leases 669914 Square Feet From Bridge Industrial In Melrose Park

The property asset involved in the transaction is a new facility located at 10400 W North Ave, Melrose Park, IL, comprising a total square footage of 669,914. The market for this property is Melrose Park. It is part of the Bridge Point Melrose Park industrial development, which spans 87 acres and is currently 86% pre-leased.

Summary of transaction details:

• Property Type: Lease
• Transaction Amount: Not specified
• Tenant: Expeditors International
• Landlord: Bridge Industrial
• Tenant's Representative: Andrew Mager, Jimmy Kowalczyk - CBRE
• Landlord's Representative: Brian Carroll & Charlie Kenning - JLL
• Broker: Dan McGillicuddy - JLL
• Address: 10400 W North Ave, Melrose Park, IL
• Total Square Feet: 669,914

Bridge Industrial announced the signing of two new leases at Bridge Point Melrose Park with CEVA Logistics and Expeditors International. Bridge secured a loan on the project from CIBC in 2021. Dan McGillicuddy, Charlie Kenning, and Brian Carroll of JLL represented Bridge in both transactions, while Jason Lev and Jimmy Kowalczyk of CBRE represented CEVA, with Jeffrey Kernochan and Andrew Mager of Fischer representing Expeditors.