Bridge Industrial Acquires Office Property In Deerfield For $90M

The office property located at 1 Baxter Parkway in Deerfield is currently under contract. The property spans approximately 646,000 square feet, with a price per square foot of $139. The buyer, Bridge Industrial, is in the process of acquiring the property from Baxter International, represented by Eric Tatro. The transaction is being facilitated by the brokerage firm JLL. The approximate sale price for the property is $90,000,000.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $90,000,000 (Approx.)
• Address: 1 Baxter Parkway
• Market: Deerfield
• Buyer: Bridge Industrial
• Seller: Baxter International - Eric Tatro
• Broker: JLL
• Square Footage: 646,000
• Price Per Square Foot: $139

The involvement of Bridge Industrial, Baxter International (represented by Eric Tatro), and JLL highlights the key individuals and companies behind this deal. The transaction demonstrates the strong interest in the office market in Deerfield, with Bridge Industrial seeking to acquire this significant property from Baxter International.