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Bridge Inks Financing for 600K-SF Miami-Area Industrial Park
Bridge Industrial secured $77.5 million in permanent financing for Bridge Point AVE, a three-building, nearly 600,000-square-foot Class-A industrial park located within the master-planned AVE Aviation and Commerce Centre in central Miami-Dade County.
Steve Roth, Bill Jurjovec and the team at CBRE’s Debt & Structured Finance group arranged the loan.
Completed in 2021, Bridge Point AVE is nearly fully leased, with just 30,286 square feet of Class-A industrial space currently available. Building 1, located at 5590 NW 145th Street, totals 199,800 square feet; Building 2, at 14150 NW 56th Court, offers 110,588 square feet; and Building 3, at 14250 Aviation Drive, comprises 279,499 square feet.
The Palmetto Expressway to the north and the Gratigny Parkway to the south provide convenient links to Florida’s Turnpike, I-95, and I-75.
Since 2012, the company has acquired more than 750 acres in 23 separate transactions across South Florida.
- ◦Financing
