Bridge Point Cold Logistics Center Fetches $113 Million
The 312,103-square-foot facility is leased to food logistics company FreezPak.
The 312,103-square-foot facility is leased to food logistics company FreezPak.
The acquisition of this Class A building represents a significant milestone for the buyer as they expand their portfolio and acquire their first South Florida asset.
JLL Capital Markets arranged the sales of the 70,288-square-foot Shops at Sunset Lakes in Miramar, Florida and the 109,811-square-foot Town Center Shops at Jensen Beach.
Platinum is the highest level attainable by the USGBC, showing exemplary leadership in sustainable building practices.
“Having delivered one of our first luxury multifamily projects in Plantation more than a decade ago, we remain highly invested in the city of Plantation and are thrilled to have the opportunity to bring the next generation of amenity-rich, luxury living options to the area with The Ellsworth,” said Jeff McDonough, Stiles Residential Group President.
This is the first South Florida location for the leading third-party food logistics company.
With financing in place, the joint venture moves forward with the region’s first-ever cold storage project to be delivered on a speculative basis. CLICK ON THE HEADLINE FOR MORE
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