Bridge Industrial Secures $53M Construction Loan For Redevelopment Of Ryder Headquarters Into Bridge Point Flagler Station
Bridge is on track to deliver the LEED-certified 326,000-square-foot logistics complex in the third quarter of 2025.
Bridge is on track to deliver the LEED-certified 326,000-square-foot logistics complex in the third quarter of 2025.
The property, located at 8150 NW 76th Avenue, has been owned by Seagis since 2007.
Avison Young’s John Crotty, CCIM, David Duckworth, Michael T. Fay and Brian de la Fé represented the seller in the transaction.
The brokers will split time between the firm’s Miami and Deerfield Beach offices.
Wayne Ramoski, Mark Gilbert and Miguel Alcivar of Cushman & Wakefield represented the selling partnership in the transaction.
The San Francisco-based real estate investment trust scooped up the one-story building at 9700 Northwest 112th Avenue in an unincorporated area of Miami-Dade County from TracFone Wireless.
As a boutique firm, Movement CRE stands out by delivering highly personalized, data-driven commercial real estate services that meets the evolving office, industrial, and retail needs for both occupiers and property owners across South Florida.
The JLL brokerage team of Managing Director Peter Sheridan, Senior Associate Yuri Quispe, and Associate Peter Johnston, will spearhead leasing efforts.
The deal brings Countyline Corporate Park Phase IV Building 33 to 67% pre-leased.
Seventy percent of funds will be allocated to industrial properties in Florida, the Carolinas, Tennessee and Georgia, and the remainder will be divided equally between Florida office and medical office buildings.
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