Bridge Recognized for its Banner Year in 2016, Having Delivered or Broke Ground on 7.2 MSF of Class-A Industrial Space Nationwide
Bridge Development Partners, one of South Florida’s most active industrial real estate developers, was recently honored by NAIOP South Florida as Developer of the Year—the commercial real estate association’s highest honor.
“We’ve worked hard to make a name for ourselves in South Florida and are honored to be recognized with this most prestigious industry award,” said Kevin Carroll, a principal of Bridge Development Partners’ Miami office. “This was made possible by our talented team of professionals who have a keen eye for identifying opportunities that create investor value.”
Since establishing a South Florida foothold in 2012, this privately owned, Chicago-based real estate investment and development firm has quickly built a reputation for delivering investment-grade properties. Last year was a banner year. The firm completed or broke ground on 7.2 MSF of Class-A industrial space in strategic markets nationwide—including 1.23 MSF of speculative projects in South Florida: Bridge Point Crossroads West, East, and South in Northwest Miami-Dade County; and Bridge Point I-95 in Fort Lauderdale.
As a testament to the quality of its world-class industrial facilities, the firm continues to ink major preleases and absorb square footage at a healthy pace across all markets. Over the past six months, Bridge Development Partners has closed nearly a half million square feet of lease transactions throughout South Florida alone.
About NAIOP South Florida
NAIOP South Florida is the region’s leading commercial real estate development association for developers, owners, investors and related professionals in office, industrial, retail and mixed-use real estate. With more than 350 members, NAIOP South Florida is the largest chapter in the state with constituents in Miami-Dade, Broward, Palm Beach, Martin and St. Lucie Counties. NAIOP provides unparalleled industry networking and education and advocates for effective legislation on behalf of its members. For more information, visit www.naiopsfl.org
About Bridge Development Partners
Bridge Development Partners, LLC (www.bridgedev.com) is a privately owned firm focused on the development and acquisition of industrial real estate in the South Florida, Northern New Jersey, Los Angeles and Chicago regions. Bridge develops investment-grade buildings and business parks, and acquires existing Class A and Class B properties that provide opportunities to add value. Since its inception in 2000, Bridge has successfully acquired and developed more than 16 million square feet of industrial buildings/projects valued at more than $2.0 billion. Currently, Bridge has a strategic joint venture with Akard Street Partners, L.P., an investment partnership operated by Banner Oak Capital Partners, L.P., a Dallas-based investment advisor.
