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MIAMI — Grandbridge Real Estate Capital has closed $20.2 million in first mortgage construction loans for two new warehouse buildings at the AVE Aviation and Commerce Center, a 2.6 million-square-foot master-planned corporate business park in Miami. The warehouse properties, which are 32 percent pre-leased to an aircraft engine repair firm, will span 313,820 square feet. Phil Carroll of Grandbridge arranged the construction financing through BB&T.