“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

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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