Bridge Industrial Commences Work on Bridge Point Flagler Station: A 330,000 SF LEED-Certified Industrial Real Estate Complex in Miami, FL


Date

July 30, 2024

Location

South Florida

Bridge is Redeveloping Ryder System’s Former Headquarters into a Modern, Sustainable Development that will Boost South Florida’s Logistics Infrastructure and Economic Growth

MIAMI, FLORIDA (July XX, 2024) Bridge Industrial (“Bridge”), a privately-owned, vertically integrated real estate operating company and investment manager, today announced the commencement of demolition of Ryder System’s former headquarters at 11690 N.W. 105th Street to prepare the 16.8-acre site for development into Bridge Point Flagler Station. 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.

“Securing all necessary approvals and commencing sitework marks a significant milestone in transforming this prime location into a state-of-the-art industrial real estate complex,” said Kevin Carroll, Partner, Southeast Region, Bridge Industrial. “Bridge Point Flagler Station will enhance South Florida’s logistics infrastructure, driving economic growth and job creation in the local community. We are equally dedicated to environmental responsibility and are proud to be pursuing green building certifications to ensure our project meets the highest sustainability standards. We look forward to bringing this project to fruition.”

Situated within one of South Florida’s largest master-planned corporate parks, Bridge Point Flagler Station offers Class-A industrial space in a beautifully landscaped corporate campus setting with ample on-site amenities, including a hotel, daycare, fitness center, and restaurants. This new logistics complex features two LEED certified industrial buildings: Building 1 spans 128,805 square feet, and includes 40 exterior docks, two drive-in doors, 142 car parking spaces, and office space. Building 2 spans 197,643 square feet, and includes 44 dock doors, two drive-in doors, 198 car parking spaces, and office space. Both rear-load buildings boast 32′ clear ceiling heights and a 180′ shared truck court with seven trailer parking spaces. Frontage on the Florida Turnpike enhances visibility and brand presence.

Strategically located off NW 107th Street and NW 117th Avenue in Miami-Dade County, with access to corporate park’s dedicated Florida Turnpike interchange, Bridge Point Miami Flagler Station provides excellent access to all major transportation routes in South Florida, including SR 836 (Dolphin Expressway), SR 826 (Palmetto Expressway), and US-27 (Okeechobee Road). This prime location is just 15 miles from Miami International Airport, 18 miles from PortMiami, and 30 miles from Fort Lauderdale-Hollywood International Airport and Port Everglades, ensuring seamless connectivity to the region’s key transportation hubs. Additionally, the convenient location allows tenants access to a wide employee pool from both Miami-Dade and Broward Counties.

Bridge is one of South Florida’s most active industrial real estate developers. Since 2012, the company has acquired more than 740 acres in 22 separate transactions across South Florida. Bridge has delivered or has under construction over 11 million square feet of Class-A industrial space regionwide. Bridge continues to seek opportunities to develop modern industrial facilities in the most supply-constrained core infill industrial markets across the globe, that can meet the steady demand for last-mile and next-day delivery.

About Bridge Industrial

Bridge Industrial (www.bridgeindustrial.com) is a privately-owned, vertically integrated real estate operating company and investment manager that focuses on the acquisition and development of Class A industrial real estate, in the supply-constrained core industrial markets of Chicago, Miami, New Jersey, New York, Los Angeles, San Francisco, Seattle, and Europe. Since its inception in 2000, Bridge has successfully acquired and developed close to 74 million square feet of industrial buildings.