Bridge Inks 80,000+ SF Lease at Bridge Point Commerce Center in Miami Gardens, FL
Phase I of the 1MSF+ Class-A industrial park, which was delivered in January, is already more than 50% leased
Bridge Development Partners, one of South Florida's most active industrial real estate developers, announced it has inked a 80,373-square-foot lease at Building 1 in Bridge Point Commerce Center with a company in the healthcare sector.
"We are pleased to expand our growing tenant roster at Bridge Point Commerce Center," said Aaron Hirschl, Vice President of Bridge Development Partners. "The Park's central location along the Miami Dade and Broward county line provides a logistical advantage in terms of distribution. We're looking forward to continuing the leasing momentum."
The CBRE team of Tom O'Loughlin, SIOR, Senior Vice President and David C. Albert, Senior Vice President represented the developer, BRIDGE, in the transaction. The Colliers International team of Jonathan Kingsley, Ryan Goggins, Will Bradley, and Zachary Roski represented the tenant.
"Aside from Bridge Point Commerce Center being a modern new logistics facility with a prime distribution location, BRIDGE's willingness and creativity to accommodate the unique utility demand made this the right fit for the expanding company," said O'Loughlin.
Kingsley added, "This transaction highlights South Florida's continued demand for warehouse space. There are several industries experiencing uninterrupted growth despite the economic challenges, and companies like our client continue to absorb Class-A industrial space designed to meet the ever-evolving needs of expanding businesses in the healthcare sector."
Phase I of the Class-A industrial park, consisting of three industrial buildings totaling 1.1 million square feet, was delivered in January. The park is approximately 50 percent leased and is also home to HapCor, one of the leading grocery distributors to the Caribbean and Latin America, who inked a deal earlier this year. At full build out, the park will encompass 2.1 million square feet.
Strategically located between Miami-Dade and Broward Counties on a 185-acre site at 3900 Northwest 215th Street, Bridge Point Commerce Center offers Florida Turnpike frontage with 155,310 cars passing per day. Divisible to 40,000 square feet, the first two buildings are 286,991 square feet with 32' clear ceiling heights and the third is a 534,816-square-foot, cross-dock facility with 36' clear ceiling heights. The park's location is equidistant from Miami International Airport and Fort Lauderdale International Airport and offers immediate access to all points in South Florida via the Florida Turnpike and I-75. Build-to-suit and build-to-own opportunities are also available.
Recently named South Florida's 'Developer of the Year' by NAIOP, BRIDGE has acquired 473 acres in 15 separate transactions throughout Miami Dade and Broward Counties and delivered more than 4 million square feet of Class-A industrial space across the region since first entering the market in 2012. The company's current South Florida portfolio spans more than 3 million square feet.
For more information about Bridge Point Commerce Center or to schedule a tour, contact CBRE's Tom O'Loughlin, SIOR at (954) 356-0468 or David C. Albert at (305) 381-6474.