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550 S. Andrews Avenue, Suite 400, Fort Lauderdale, FL 33301

Berger Commercial Realty’s Joe Byrnes, Keith Graves, John Forman Negotiate 47,000 SF Industrial Lease Deal

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Berger Commercial Realty/Corfac International Senior Vice Presidents Keith R. Graves, CCIM and Joseph P. Byrnes and Senior Sales Associate John Forman represented landlord Bridge 595, LLC in a 47,316-square-foot lease deal at Bridge Point 595, a Class A industrial distribution facility located at 2750 Bridge Way in Davie, Florida.

The tenant, Vessel FL Operations, LLC. (Reef Technology) is the largest operator of mobility, logistics hubs, and neighborhood kitchens in the United States, Canada, and has a growing presence in Europe. The company was attracted to Bridge Point 595’s central tri-county location as well as its proximity to the Florida Turnpike, I-595, I-95, I-75, and Sawgrass Expressway alongside its easy access to South Florida’s other major transportation arteries.

“Bridge develops their projects with best-in-class amenities and features, which is very appealing to the quality tenants that occupy their facilities,” explained Graves.

In addition to leasing and marketing the project on behalf of the landlord, Berger Commercial Realty facilitated the sale of the land to Bridge Development Partners for development in 2019.

Bridge Point 595 features three Class-A industrial buildings. Buildings 1 and 2 will each total 290,295 square feet and Building 3 will total 96,724 square feet. The three buildings will feature 32’ clear ceiling heights, dock-high loading, ESFR sprinkler systems, a 1.04/1,000 parking ratio, 54’ column spacing and 60’ speed bays. The rear-load facilities are located minutes from 595, I-95 and Florida’s Turnpike, offering easy access to South Florida’s major transportation arteries. The park also offers easy connections to South Florida’s busiest air and seaports, including Fort Lauderdale – Hollywood International Airport and Port Everglades, Port Miami and Miami International Airport.

Bridge is one of South Florida’s most active industrial real estate developers. The company has acquired approximately 500 acres in 16 separate transactions throughout Miami Dade and Broward Counties and delivered approximately 7 million square feet of Class-A industrial space across the region since entering the market in 2012. The company’s current South Florida portfolio spans more than 5 million square feet of company-owned and third-party managed properties.

There were no other brokers involved in the deal.
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About Berger Commercial Realty/CORFAC International: Berger Commercial Realty/CORFAC International is a regional, full service commercial real estate firm based in South Florida. Independent and privately owned since its founding in 1998, the firm is a member of CORFAC International, a global network of independently owned commercial real estate brokerage firms. The firm’s property management and brokerage services include tenant/landlord and buyer/seller representation; project and construction management; receiverships; agency/project leasing; capital advisory/investment sales; retail services and more. For more information about Berger Commercial Realty’s brokerage services, CALL 954.358.0900 or visit www.bergercommercial.com.

About CORFAC International: CORFAC International (Corporate Facility Advisors) is comprised of privately held entrepreneurial firms with expertise in office, industrial and retail real estate leasing and investment sales, multifamily property acquisitions and dispositions, property management and corporate services. In association with global affiliates, CORFAC International has 60 North American offices and 20 offices in global markets. Founded in 1989, CORFAC firms completed more than 11,000 lease and sales transactions totaling approximately 500 million square feet of space valued in excess of $8.5 billion in 2015. For more information on the CORFAC network, call 224.257.4400 or visit www.corfac.com.

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