Bridge Sells Fort Lauderdale Warehouses


Date

February 6, 2020

Type

Deal

Location

Miami
Bridge Point FLL Logistics

Bridge Development Partners sells two warehouses near Port Everglades in Fort Lauderdale for $28 million to an entity that lists its address as Morgan Stanley Private Wealth Advisors in Chicago.

Chicago-based Bridge Development sold the 174,129-square-foot properties at 3233-3303 Southwest 12th Avenue for $161 per square foot, records show. The property spans 10.2 acres.

In 2018, Bridge paid $5.67 million for the land to build the warehouses, records show.

//therealdeal.com

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