MIAMI, FLORIDA – July 30, 2015 – (RealEstateRama) — Cushman & Wakefield announced today that it has assisted Bridge Development Partners in its efforts to acquire and develop more land for Bridge Point Crossroads (BPC), the Chicago-based developer’s latest industrial project in Hialeah Gardens, Florida.
Executive Director Wayne Ramoski and Associate Director Gian Rodriguez assisted Bridge in the acquisition of a 20-acre site at NW 107th Avenue and NW 109th Avenue, just north of NW 138th Street. This site – which is part of a larger, non-contiguous, 65-acre assemblage in Hialeah Gardens – will eventually be home to BPC South. Two other campuses – BPC West and BPC East – will be built on the remaining acreage immediately north of the site.
All tolled, the three BPC campuses will house four industrial buildings totaling ±920,000 square feet. These buildings will be the first Class-A industrial facilities for lease in Hialeah Gardens.
“It’s an exciting time for us,” said Kevin Carroll, Bridge Development’s Principal for South Florida. “We’ve acquired close to 100 acres in South Florida over the last 18 months, recently delivered a series of buildings in Broward, and we just started turning dirt on BPC West.”
BPC West, a ±242,000-square-foot facility fronting NW 112th, is the first building to break ground. It has an anticipated delivery date of mid–2016. The building will offer rear-load warehouse bays from ±21,000 square feet, clear ceiling heights of 32 feet, 54-foot column spacing, T–5 energy-efficient lighting, 120-foot secured truck courts, and an ESFR fire sprinkler system. Built-to-suit opportunities will also be considered.
“It’s great to be part of a project like this,” said Ramoski, who along with Rodriguez will also handle the leasing at BPC. “To represent a project that marries a seasoned development team with a site offering superior transportation logistics is always a thrill. With the ground breaking behind us, our first building will be completed shortly.”
About Cushman & Wakefield
Cushman & Wakefield advises and represents clients on all aspects of property occupancy and investment. Founded in 1917, it has 259 offices in 60 countries, employing more than 16,000 professionals. It offers a complete range of services to its occupier and investor clients for all property types, including leasing, sales and acquisitions, equity, debt and structured finance, corporate finance and investment banking, appraisal, consulting, corporate services, and property, facilities, project and risk management.
About Bridge Development Partners
Bridge Development Partners, LLC is a privately owned firm focused on the development and acquisition of industrial real estate in Chicago, South Florida, New Jersey and Los Angeles. Bridge develops investment-grade buildings, business parks, and acquires land for the development of speculative and build-to-suit projects. Since its inception in 2000, Bridge has successfully acquired and developed more than 6 million square feet of office and industrial buildings/projects valued at more than $550m.
wayne.ramoski (at) cushwake (dot) com
gian.rodriguez (at) cushwake (dot) com