“Bridge Obtains $53M Loan for Miami Warehouse Project”

"Bridge Obtains $53M Loan for Miami Warehouse Project"

Bridge Industrial has successfully obtained a $53 million construction loan to fund the redevelopment of Ryder System’s former headquarters in Miami. The loan was provided by CDPQ and secured by CBRE’s Debt & Structured Finance team, led by Steve Roth and Bill Jurjovec. This financing will support the transformation of the 16.8-acre site at 11690 N.W. 105th Street into Bridge Point Flagler Station, a state-of-the-art industrial complex spanning over 326,000 square feet.

Expected to be completed in the third quarter of 2025, Bridge Point Flagler Station will offer top-notch Class-A industrial space with various on-site amenities such as a hotel, daycare center, fitness center, and restaurants for tenants’ convenience. The project comprises two buildings: Building One covers an area of approximately 128

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