Berger Commercial Realty’s Keith Graves, CCIM, Joseph Byrnes Bring Bridge Point 595 To Full Occupancy
Berger Commercial Realty / May 20, 2022
[vc_row][vc_column][vc_column_text]
Berger Commercial Realty/Corfac International Senior Vice Presidents Keith R. Graves, CCIM and Joseph P. Byrnes today announced the signing of a new lease deal for 98,012 square feet at Bridge Point 595, a Class A industrial distribution facility located at 2750 Bridge Way in Davie, Florida. This latest transaction brings the 677,318-square-foot logistics park to full occupancy.
The tenant, Original Impressions, LLC, a Postal Center International (PCI), Inc. company, provides fully integrated mail, print, fulfillment, signs, packaging, promotional, creative, and e-business, solutions for enterprise clients in industries such as banking, finance, government, healthcare, and insurance. PCI is one of the largest Minority Business Enterprise (MBE) in its industry, building on its almost 40-year legacy on exceptional client service, operational excellence, and regulatory compliance (HITRUST CSF®, TruSight, FDR, PCI DSS, SOC 2 (Type 2), FSC, SFI, PEFC, and G7). This new site will serve as PCI’s Signage and Fulfillment Center, expanding PCI’s company footprint by 98,012 square feet for over 450,000 square feet across the company’s national headquarters in Weston, FL, and its regional site in San Antonio, TX. This multi-year lease agreement marks yet another step in PCI’s long-term strategy to secure a national leadership position in the high-speed, presort mailing services market.
“We are excited about this latest milestone, because it helps us meet the future with unprecedented growth, efficiency, and value that our enterprise clients demand of a business partner,” said Ismael Diaz, president, PCI. “This new production facility will continue to empower clients through an expanded powerhouse of solutions.”
Graves and Byrnes represented the landlord, Bridge Industrial, in the deal. Rick Etner with Cushman & Wakefield represented the tenant.
“This was the last remaining space for lease at this in-demand logistics park,” commented Graves. “Bridge Industrial is an experienced owner and had the foresight to build out spec office space, which allowed us to offer the space for immediate occupancy.”
“As a result of significant growth, the tenant was looking to expand, but wanted to do so in a well located, modern facility with strong ownership. We are pleased to have been able to meet all of their requirements and welcome them to Bridge Point 595,” added Byrnes.
The lease transaction comes on the heels of a 290,295-square-foot lease agreement with The Tire Rack, Inc. and a 96,728-square-foot deal with La Mesa RV, both of which were negotiated by Graves and Byrnes in December 2021.
Bridge Point 595 is already home to Shipmonk, a multichannel order fulfillment services and inventory management software that enables companies to focus on achieving scalable growth, which occupies 110,500 square feet, Vessel FL Operations, LLC. (Reef Technology), the largest operator of mobility, logistics hubs, and neighborhood kitchens in the United States, Canada, and has a growing presence in Europe, which signed on for ±47,316 square foot lease, and K&K Transfer, a full-service moving, delivery, storage and warehousing company, which signed a long-term lease agreement earlier this year to occupy 34,467 square feet.
Bridge Point 595 features three Class-A industrial buildings, which are now fully occupied. The three buildings within the park 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 Industrial is one of South Florida’s most active industrial real estate developers. Since 2012, the company has acquired approximately 700 acres in 17 separate transactions throughout Miami Dade and Broward Counties and delivered and/or has under construction approximately 8 million square feet of Class-A industrial space regionwide.
The company’s current South Florida portfolio spans more than 5 million square feet of company-owned and third-party managed properties.
-end-
About PCI
PCI is a leading print, mail, and marketing solutions partner. Renowned as the one of the nation’s largest, state-of-the-art transactional printing, postal and mail processing service organizations, the company’s family of brands employs 400 associates and boasts annual sales of approximately $300 million. PCI delivers exceptional mail, print, fulfillment, signs, packaging, promotional, creative, and e-business solutions for enterprise clients in industries such as banking, finance, government, healthcare, and insurance. PCI is a HIPAA-compliant Certified Minority Business Enterprise (MBE), and holds multiple sustainability and security certifications: (HITRUST CSF®, TruSight, FDR, PCI DSS, SOC 2 (Type 2), FSC, SFI, PEFC, and G7).. To learn more, visit PCIbrands.com.
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.
About Bridge Industrial
Bridge Industrial (www.bridgeindustrial.com) is a privately-owned, vertically integrated real estate operating company and investment manager that focuses on the acquisition and development of Class A industrial real estate in the supply-constrained core industrial markets of Chicago, Miami, New Jersey/New York, Los Angeles/San Francisco, Seattle, and London. Since its inception in 2000, Bridge has successfully acquired and developed more than 67 million square feet of industrial buildings/projects valued at more than $12.1 billion
[/vc_column_text][/vc_column][/vc_row]
« Previous Next »