MIAMI—With industrial getting hotter in South Florida, developers are venturing beyond Miami's borders looking for raw land. Bridge Development Partners just found some in Dania, a suburb of Fort Lauderdale, FL.

Bridge has snapped up a 15-acre plot of industrially zoned land in Port 95 Commerce Park. The sale price was $7.5 million. The property is site planned approved for about 232,000 square feet of warehouse distribution buildings and offers flexible IROM zoning in the City of Dania Beach.

Sky Groden, executive director of Cushman & Wakefield's Industrial Brokerage for South Florida, along with partners Christopher Metzger, Rick Etner, and Christopher Thomson, represented the buyer in the deal. The seller was represented internally.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.