This is the third acquisition IOV has made in Florida in the last 24 months.
The site is DRC approved for a state-of-the-art, 97-stall truck parking lot featuring a 53’ semi turning radius.
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.
CBRE’s Larry Genet and Tom O’Loughlin represented the landlord in the deal.
Bridge Industrial had the property rezoned and subsequently built two Class A industrial Building for a total of ±174,129 SF.
CBRE’s Larry Genet, Tom O’Loughlin, and Jake Zebede represented the owner in the sale of the industrial warehouse.
“Like any great deal, this one was 5 years in the making. It was an extreme lesson in perseverance,” commented Genet.
CBRE Senior Vice President Larry Genet, Executive Vice President Tom O’Loughlin , Executive Vice President Jose Lobón, Vice Chairman Christian Lee and Senior Associate Jake Zebede represented Brookfield Asset Management in the purchase
The 60,000 square foot warehouse is situated on 2.62 acres of land.
The standalone ±83,200-square-foot building is located within Link’s Miramar I-75 Distribution Center and was most recently occupied by Comcast Corporation.
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