Bridge Inks 45k Deal With First Tenant At Bridge Point Everglades
The exclusive leasing team for the project—Sky Groden, SIOR; Ken Morris, SIOR; and Jeremy Cain of JLL—represented Bridge in the lease transaction.
The exclusive leasing team for the project—Sky Groden, SIOR; Ken Morris, SIOR; and Jeremy Cain of JLL—represented Bridge in the lease transaction.
The loan was arranged by Steve Roth, Bill Jurjovec and team at CBRE’s Debt & Structured Finance group.
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.
This acquisition marks the firm’s second significant investment in Doral, following the recent groundbreaking of Bridge Point Doral, a project set to encompass over 2.6 million square feet of Class-A industrial space at full build out.
Bridge is on track to deliver the LEED-certified 326,000-square-foot logistics complex in the third quarter of 2025.
In addition to leasing and marketing the project on behalf of the landlord, Berger Commercial Realty facilitated the sale of the land to Bridge Industrial for development in 2019.
This Class-A industrial complex will feature two LEED-certified buildings totaling 326,448 square feet. The project will be developed on a speculative basis, with vertical construction slated to begin later this year and delivery expected in the third quarter of 2025.
SJC Ventures, in partnership with Nuveen Real Estate, plans to break ground in fall 2024 on the new development that will comprise an 88,938-square-foot mixed-use center, featuring retail stores, restaurants and service-driven businesses.
The prestigious honor was awarded for the fifth time, cementing Bridge’s SoFlo legacy.
In addition to the TOBY award, Bridge’s Johalys Castillo was named “Property Manager of the Year” in Miami Dade County.
CRE-sources, Inc. is committed to ensuring that individuals with disabilities can access all of the goods, services, facilities, privileges, advantages, and accommodations that we offer through our website.If you are having trouble accessing the website, please call us at 954.290.3866 for assistance.