The Faith Group Announces Sale Of Three-Story Office Property In North Miami Beach
Alex Zylberglait and Michael Crocchiola of Marcus & Millichap and Roy Faith of FIP Commercial were the brokers in the transaction.
Alex Zylberglait and Michael Crocchiola of Marcus & Millichap and Roy Faith of FIP Commercial were the brokers in the transaction.
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The project transformed Ryder System’s former office headquarters into a modern, LEED certified,
326,448-square-foot logistics complex now available for immediate occupancy.
The eight-acre, 348,480-square-foot property is fully occupied by national tenants The CDL Schools and Park My Fleet.
“This area has experienced some of the fastest growth in the country, with downtown Fort Lauderdale’s population surging by more than 35% in the last four years and Flagler Village’s residential base more than doubling over the past decade.”
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Currently 80% occupied by a mix of retail and industrial tenants, the 104,000-square-foot portfolio spans three contiguous properties.
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Bridge Industrial has commenced preliminary site preparations at the property with delivery anticipated in the first quarter of 2027.
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