The South Florida multifamily sector continues to attract significant institutional capital, as evidenced by a major financing deal recently closed in Palm Beach Gardens. The Dermot Company, working in collaboration with investment partners PGGM and
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Bridge Industrial has secured $56.7 million in financing to transform an aging office complex in Doral, Florida, into modern warehouse space, signaling the continued strength of the industrial sector. The project, backed by Associated Bank, capitalizes on the shrinking supply of industrial land near Miami International Airport.
Bridge Industrial has landed a $56.7 million construction loan from Associated Bank to transform a dated office complex in Doral, Florida, into modern industrial space, marking another milestone in South Florida's industrial development surge.
Bridge Industrial has secured $56.7 million in financing to transform a 16-acre office site in Doral, Florida, into modern warehouse space. The project underscores the shifting dynamics in South Florida's commercial real estate market, where demand for logistics facilities continues to outpace supply.