CBRE Senior Vice President Tom O’Loughlin and First Vice President Larry Genet have been named exclusive leasing agents for Bridge Development Partner’s newest project, FLL Logistics, a two-building 174,129-square-foot logistics facility, located at 1300 S.W. 32nd Court at Fort Lauderdale–Hollywood International Airport.

Bridge Development Partners purchased the property from Broward County Public Schools for $5.65 million in June 2018.

The 10.2-acre site housed Edgewood Elementary School, which closed in 1996.

The developer expects to complete the project in the second quarter of 2019. It will have buildings of 92,165 and 81,964 square feet with 32-foot ceiling heights and will be for lease as spec industrial development.

The site is just north of Interstate 595.

“Our team is excited to launch the leasing of this incredibly located state-of-the-art project. Just a few minutes from Fort Lauderdale Hollywood International Airport and Port Everglades, we expect demand from quality tenants to be significant,” commented Genet.

The Class A project features 34 exterior rear load and dock high doors and clear story warehouse windows and is divisible to 24,000 square feet.

“This project falls in line with our proven value-add strategy and marks our third project in the city of Fort Lauderdale,” said Kevin Carroll, a partner in the Southeast region for Bridge Development Partners. “The development site, which has been sitting idle for more than two decades, is just minutes from Fort Lauderdale International Airport and Port Everglades, making it an ideal logistics hub location.”

Bridge Development Partners anticipates delivering about 2 million square feet of industrial space in South Florida over the next 12 months.

About Tom O’Loughlin: CBRE Senior Vice President Tom O’Loughlin specializes in providing brokerage services to owners and occupiers of industrial property in the South Florida region. Tom’s experience incorporates representation for local, regional and national clients, and includes investment sales disposition, owner-occupant acquisitions, tenant agency, and landlord representation. With over ten years of experience in the industrial sector, Tom has provided oversight for more than 8.1 million square feet in leasing and sales transactions in Broward and Miami-Dade counties. Tom holds the prestigious SIOR and CCIM designations and is an active member of CBRE’s Industrial Advisory Council—a select national group of professionals gathering and evaluating business intelligence to develop comprehensive business strategies for the company.

About Larry Genet: CBRE First Vice President Larry W. Genet has extensive experience in landlord agency, tenant representation, acquisitions, dispositions and property management. As a third-generation commercial real estate professional and South Florida native, Larry boasts deep community ties, an intimate knowledge of the South Florida market and numerous professional contacts. Larry’s leasing expertise of industrial, office and medical properties coupled with his experience in acquisitions and dispositions gives him the ability to represent a myriad of clients in the South Florida market.