Bridge Development Sells 676,835 SF Industrial Portfolio in Metro Miami for $80M

HIALEAH GARDENS, FLA. — Bridge Development Partners has sold two Class A industrial assets spanning 676,835 square feet within three buildings in Hialeah Gardens, a suburb of Miami. According to public records, Duke Realty purchased the properties, named Bridge Point Crossroads East and Bridge Point Crossroads South, for $80 million. Located at 15002 and 14802 N.W. 146th St., Crossroads East consists of two buildings totaling 420,989 square feet. Recently completed in the first quarter of 2017, the buildings feature a 180-foot shared truck court, 32-foot clear heights, 54-foot column spacing, build-to-suit offices, T5 energy-efficient lighting and an ESFR fire sprinkler system. Located at 10701 N.W. 140th St., Bridge Point Crossroads South is a 255,846-square-foot building with the same features as Bridge Point Crossroads East except with a 120-foot non-shared, fenced truck court. The properties have immediate access to U.S. 27, Florida’s Turnpike, state Route 826 and Interstate 75. Chris Riley, Christian Lee and Jose Lobon of CBRE represented Miami-based Bridge Development in the transaction.