“These two industrial assets offer an exceptional value-add opportunity in both of these booming industrial markets,” commented Alex Redfearn, Principal and Founder of Redfearn Capital. “Our team was able to secure both properties off market and execute in a challenging economic environment.”

Bridge plans a multi-million dollar reinvestment to upgrade the facilities and rename them Bridge Point Palmetto Lakes.

The long-term lease brings Building A to 100% occupancy.