MIAMI GARDENS, FLA. — Bridge Industrial secured a $153.5 million construction loan to complete Phase II of the Bridge Point Commerce Center, a 2.7 million square foot logistics park in Miami Gardens. CBRE’s Steve Roth arranged the loan through CIBC on behalf of Bridge Industrial.
The second phase, which includes two buildings totaling 1.6 million square feet, is expected to be delivered in the third quarter of 2023. Each building will span 794,230 square feet and feature clear heights of 36 feet. According to Bridge Industrial, custom build and build-to-suit opportunities are available on the project.
Located on a 186-acre site at 4310 NW 215th St., Bridge Point Commerce Center overlooks Florida’s Turnpike and is equidistant between Miami International Airport and Fort Lauderdale International Airport. Phase I spans 1.1 million square feet across three buildings and is fully leased to tenants including City Furniture and HapCor.