This partnership will allow Bridge and CPP Investments to target high-quality industrial properties in key markets, as retailers compete for faster shipping times despite increasingly limited space for new warehouse construction.
Larry Genet and Tom O’Loughlin with CBRE represented IOV in the lease transaction and are the exclusive representatives for the property and are positioning the development’s ability to meet the needs of e-commerce, distribution, corporate headquarters or manufacturing operations with heavy parking requirements.
The property is adjacent to a building that the client purchased in August 2024.
In this role, the two executive leaders will work closely with the Altman Logistics Properties leadership team to provide advisory services focused on organizational growth, corporate strategy and real estate technology and innovation in support of the company’s business development and growth.
The transaction included 791,618 square feet of space.
The portfolio totals 1.4 million square feet across Miami-Dade, Broward and Palm Beach counties.
Native is actively interviewing senior commercial real estate brokers in Broward and Palm Beach counties to accommodate the increased demand for the firm’s services.
The portfolio totals 495,674 square feet.
Ryan Goggins and Peter “PJ” Apol represented the Park in the transaction. Matthew Cheezem of Cushman & Wakefield represented the tenant.
The portfolio is primarily located in Miami-Dade, Broward, and Palm Beach counties and stands to benefit from the Golden Glades Interchange Enhancement.