December 3, 2020
Bridge Development Partners was recently honored at the South Florida Business Journal’s Annual Structures Awards ceremony, which recognizes the region’s top developers and standout development projects. The company’s award-winning Bridge Point Commerce Center business park in Miami Gardens, Fla was named ‘Industrial Project of the Year.’ BRIDGE was also named a finalist in the ‘Developer of the Year’ awards category, having delivered 3.77 million square feet of Class-A industrial business parks last year.
“We are honored to be recognized by the South Florida Business Journal and have Bridge Point Commerce Center named South Florida’s Industrial Project of the Year,” said Kevin Carroll, Partner, Southeast Region of Bridge Development Partners. “This project illustrates our ability to assemble a world-class project team and work together with local governments to transform underutilized properties into thriving community assets. Beyond spurring new economic investment in the local area, we are pleased to have been able to preserve 13 acres of green space, which aligns with the City’s commitment to a greener future. We look forward to delivering Phase II of this award-winning business park that will serve to meet rising demand for Class-A industrial space.”
Strategically located between Miami-Dade and Broward Counties with Florida Turnpike frontage, Bridge Point Commerce Center illustrates BRIDGE’s proven value-add strategy. Leveraging the company’s vast experience, the company successfully transformed the underutilized, 185-acre site at 4310 Northwest 215th Street to deliver Phase I of the Class-A project. Phase I, encompassing three industrial buildings totaling 1.1 million square feet, was delivered in the fourth quarter of 2019 after successfully pre-leasing 50 percent of the project to high-quality tenants. Leasing momentum continues at the park, which will encompass 2.1 million square feet at full build out. Construction on Phase II of the project began in the third quarter of 2020 and is on schedule to be delivered in the first quarter of 2023.
The park serves as a prime distribution location just minutes from Miami International Airport and Fort Lauderdale International Airport, with immediate access to all points in South Florida via the Florida Turnpike and I-75. Build-to-suit and build-to-own opportunities are also available. For more information about Bridge Point Commerce Center or to schedule a tour, contact CBRE’s Tom O’Loughlin, SIOR at (953) 356-0468 or David C. Albert at (305) 381-6474.
Recently named ‘Developer of the Year’ by NAIOP South Florida, BRIDGE has acquired 473 acres in 15 separate transactions throughout Miami Dade and Broward Counties and delivered approximately 7 million square feet of Class-A industrial space across the region since entering the market in 2012. The company’s current South Florida portfolio spans more than 3 million square feet.