MIAMI—Bridge Development Partners acquired a 185-acre site in Miami Gardens, FL. The sale price: $28.2 million. Located between Miami-Dade and Broward Counties with direct frontage on the Florida Turnpike, the site is the future home of Bridge Point Commerce Center.

“This is one of the largest land deals to close in our market over the last decade and will potentially add more than 2 million square feet of class-A industrial space,” Kevin Carroll, a principal of Bridge Development Partners and Florida market leader, tells GlobeSt.com. “Our partners at the City of Miami Gardens have supported our efforts, being especially helpful in the rezoning of this underutilized asset to get it ready for development.”

Bridge Development will start clearing the site and break ground on the first phase of Bridge Point Commerce Center immediately. The easternmost portion of the site, which encompasses approximately 90 acres, is a shovel-ready development that will feature three class A industrial buildings totaling more than 1 million square feet of space.