Bridge Sells Fort Lauderdale Warehouses


Date

February 6, 2020

Type

Deal

Location

South Florida
Bridge Point FLL Logistics

Bridge Development Partners sells two warehouses near Port Everglades in Fort Lauderdale for $28 million to an entity that lists its address as Morgan Stanley Private Wealth Advisors in Chicago.

Chicago-based Bridge Development sold the 174,129-square-foot properties at 3233-3303 Southwest 12th Avenue for $161 per square foot, records show. The property spans 10.2 acres.

In 2018, Bridge paid $5.67 million for the land to build the warehouses, records show.

//therealdeal.com

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