Bridge Industrial (“Bridge”), a privately-owned, vertically integrated real estate operating company and investment manager, announced it has received approval from the City of Doral to break ground on the company’s newest state-of-the-art South Florida logistics park: Bridge Point Doral. Situated on a prime 175-acre site in Doral, the Class-A industrial park will encompass more than 2.6 million square feet at full build out with an adjacent retail corridor. The project will cater to a variety of tenant space needs with planned buildings ranging from 165,000 to 900,000 square feet. The first building is set to be delivered in late 2023.
“This is a generational project in a prime infill location,” said Kevin Carroll, Partner, Southeast Region of Bridge Industrial. “This strategic site is located in one of the most sought-after industrial real estate submarkets not only in South Florida, but the country.”
Aaron Hirschl, Vice President of Bridge added, “We look forward to breaking ground later this month on another world-class logistics park that will be combined with a new retail corridor.”
Bridge Point Doral is strategically located on a 175-acre site in the heart of Doral’s Central Business District at the southwest corner of Northwest 107th Avenue and Northwest 41st Street. The logistics center will total more than 2.6 million square feet of modern industrial space at full build out with the ability to offer build-to-suit options of up to 1.4 million square feet. The project will offer both cross-dock and rear-load warehouse configurations, along with trailer drops in a secure environment, all within an unparalleled logistics location. In addition, a neighboring 10-acre parcel that allows for commercial/retail development will service not only the project, but the surrounding community as well. Tenants will benefit from the property’s prime distribution location, which offers immediate access to the Florida Turnpike, and all the major thoroughfares, including SR 836 (Dolphin Expressway), connecting to the region’s major population centers and South Florida’s busiest air and seaports.
Bridge is one of South Florida’s most active industrial real estate developers. Since 2012, the company has acquired approximately 700 acres in 18 separate transactions across South Florida. Bridge has delivered and/or has under construction more than 10 million square feet of Class-A industrial space regionwide. Bridge continues to seek opportunities to develop modern industrial facilities in the most supply-constrained core infill industrial markets that can meet the steady demand for last-mile and next-day delivery.
Get the latest industry news and information from CRE-sources delivered right to your email inbox! And we promise…no more than one email each morning.
And we promise…no more than one email each morning.