Industrial Property Trades For $27 Million

Nov 25, 2014 No Comments by

Cushman & Wakefield today announced the sale of Bridge Point Port 95, a 230,036-square-foot industrial property located at 2650 SW 36th Street, in Dania Beach.

Bridge Development Partners, LLC, the seller, was represented by C&W’s Chris Metzger, Executive Director; Rick Etner, Executive Director; and Christopher Thomson, Senior Director.

The buyer, Saul Gilinski, President of MSG Dania Beach, LLC and previously a director at Premier Asset Management, one of the largest industrial developers in South Florida, paid $26,700,800 for the coveted industrial site.


“The Port 95 area is the best location in Broward County. Located in Southeast Broward, it is the tightest industrial submarket with a 3Q14 vacancy rate of only 4.2%. The reason why Port 95 is so desirable is its close proximity to Port Everglades and the Ft. Lauderdale/Hollywood International Airport. In addition, there is immediate access to I-95, I-595 and Florida’s Turnpike, with I-75 and the Sawgrass Expressway only minutes away,” Metzger said.

With this closing, the Buyer also has Bridge Point- Marina Mile, which totals 189,620 square feet, under contract to close upon Certificate of Completion. It is presently under construction with an estimated delivery date of 2Q15.


Get the latest industry news and information from CRE-sources delivered right to your email inbox! And we promise…no more than one email each morning. Just follow the instructions below.

Enter your email address:


Go Ahead...Share!
  • email
  • Facebook
  • LinkedIn
  • Twitter
  • Add to favorites
  • Print
Broward County Industrial / Flex, Industrial / Flex, Industry News, NA
No Responses to “Industrial Property Trades For $27 Million”

Leave a Reply