BREAKING: Bridge Acquires Pompano Industrial Campus For $46.25M, Launches National Value-Add Strategy
The three-building industrial campus totals 336,852 square feet.
The three-building industrial campus totals 336,852 square feet.
“Modern, last-mile logistics centers like Bridge Point Commerce Center continue to outperform the market,” said Kevin Carroll, Partner, Southeast Region of Bridge Industrial. “We are pleased to have been able to take advantage of historically low interest rates and lock into an extremely attractive fixed rate.”
The Florida native brings nearly a decade of experience to Bridge, along with a knack for sourcing off-market transactions.
The tenant is the largest operator of mobility, logistics hubs, and neighborhood kitchens in the United States, Canada, and has a growing presence in Europe.
Mike Davis, Rick Brugge, Dominic Montazemi and Rick Colon of Cushman & Wakefield, with assistance by Chris Metzger, Matt McAllister and Rick Etner, represented the seller, Bridge Industrial in the transaction.
A leading provider of e-commerce fulfillment and technology solutions has signed a long-term lease agreement.
This newest lease brings Bridge Point Commerce Center Phase I, totaling 1.1 million square feet of Class-A industrial space, to 97 percent leased.
Bridge Industrial had the property rezoned and subsequently built two Class A industrial Building for a total of ±174,129 SF.
Bridge’s growing South Florida asset management portfolio currently spans 5 MSF+ of Class-A industrial space.
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