Bridge Development Acquires 12-Acre Site, Will Break Ground Next Month On 220,000 SF Industrial Facility

Jul 06, 2017 No Comments by

Bridge Development Partners announced the $10.4 million acquisition of a 12-acre industrial site located at the intersection of I-95 and Broward Boulevard in Fort Lauderdale. The company will break ground next month on Bridge Point Riverbend, a modern, 221,542-square-foot industrial building scheduled to be completed in the third quarter of 2018.

 

“This is an attractive acquisition and development opportunity,” said Kevin Carroll, a principal of Bridge Development Partners. “We look forward to delivering another Class-A industrial project in the Fort Lauderdale market, where strong demand for well-located, high-quality industrial assets remains high.”

Since entering the South Florida market in 2012, Bridge Development has delivered approximately 2 million square feet of Class-A industrial space.

Located at 2201 West Broward Boulevard, Bridge Point Riverbend will feature 32’ clear ceiling heights, rear-dock loading, ESFR sprinkler systems, a 1.4/1,000 parking ratio and the flexibility to accommodate tenants from 40,000 square feet.

Colliers International’s Steven Wasserman will lead leasing efforts for the property.

 

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Broward County Industrial / Flex, Industrial / Flex, Industry News, NA
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