Thursday, June 24, 2010

Bridgeway Foundation Purchases Condo Unit at Crossroads Center

NORMAL, ILLINOIS – June 2, 2010 – Bridgeway Foundation, a not-for-profit human services organization dedicated to improving the lives of individuals with disabilities in west central Illinois and southeast Iowa, has acquired 464 Wylie Drive located at the Crossroads Center in Normal, IL. The seller was SugarOak Bloomington Normal, LLC. The purchased suite totals 6,700 square feet. Tom Colclasure, President of Bridgeway Training Services NFP, said: “We are looking to increase our presence in the Normal. IL area and found Crossroads Center to be the ideal location in terms of footprint and growth potential. We also recognize the importance of working with an established and professional management company such as SugarOak. Bottom line, we view this move as a big step forward toward our objective of providing more opportunity to those with disabilities in the Normal, Ill area.” Bridgeway Training Services offers job opportunities as well as provides services to the communities such as data entry, recycling, janitorial services, metal fabrication and confidential document destruction services. Bridgeway is a CARF accredited organization, funded in part through contributions from the United Way, United Fund and Community Chest. For more information please see http://www.bts-solutions.org/ or http://www.bway.org/. About SugarOak In 2007 SugarOak converted the former Bloomington-Normal Factory Stores into Crossroads Center – a full-service business condominium -- providing office, retail and light industrial users with an opportunity to purchase ready-to-use space at below market prices. Bridgeway Foundation joins, Show Me Dough Fundraising, ACC Electronix, Chestnut Health Systems, Caterpillar, Digital Copy Systems, Great Plains Life Foundation and Earl and Suzanne Anderson as purchasers of over 60,000 square feet of business condo space at Crossroads Center. SugarOak is a full service real estate company offering investment, management, and construction services across multiple property types. Headquartered in Herndon, Virginia, SugarOak has ownership interests and management portfolios across the US and Canada.

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