Aero Accessories Relocates to Bridge Point Miramar and Expands its Operations by ±48,000 Square Feet
MIRAMAR, FL, January 27, 2020 — Cushman & Wakefield has secured a ±75,995-square-foot warehouse and distribution lease with Aero Accessories at Bridge Point Miramar in Broward County.
The Cushman & Wakefield South Florida Industrial Team of Matthew G. McAllister, Chris Metzger, Richard F. Etner, Jr. and Christopher Thomson negotiated the lease on behalf of building owner Bridge Development Partners.
Aero Accessories provides advanced repair solutions for modern fuel, hydraulic, pneumatic and electro-mechanical components. The company relocated from its former ±28,000-square-foot Miramar location, nearly tripling its footprint in Bridge Point Miramar.
Aero Accessories will house manufacturing, testing and distribution operations in the new space at Bridge Point Miramar.
Bridge Point Miramar was developed in 2015 on a 20-acre site at 15501 SW 29th Street in Miramar Centre Business Park. The ±304,428-square-foot, rear-load distribution facility features Interstate 75 visibility, 32-foot clear heights, a 130-foot truck court, 46 dock-high doors, two ramp doors, 50-foot by 50-foot column spacing, an ESFR (Early Suppression, Fast Response) fire safety system and energy-efficient LED lighting.
The building is centrally located in South Florida, providing exceptional access to the region’s numerous international airports and seaports as well as the Tri-County area’s major thoroughfares — Interstate 75, Interstate 595 and Florida’s Turnpike. Numerous restaurants, shops and hotels are within walking distance of the building giving Bridge Point Miramar best-in-class amenities, which help differentiate the property from other industrial product in the market.
Bridge Point Miramar is currently 50% leased to Aero Accessories and Kellstrom Defense. ±152,573 square feet of divide-to-suit space remains available.
“Bridge Point Miramar continues to attract significant interest from aerospace and other sophisticated users requiring a modern, versatile and accessible facility capable of comfortably housing a variety of operations,” said McAllister.
The eight-member South Florida Industrial team led by Metzger, Etner Jr. and Thomson negotiated just over 12 million square feet of sale and lease transactions valued at more than $252 million in 2019. For more information, please visit www.southfloridaindustrialteam.com.
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 51,000 employees in 400 offices and 70 countries. In 2018, the firm had revenue of $8.2 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.
About Bridge Development Partners
Bridge Development Partners, LLC (www.bridgedev.com) is a privately-owned firm that focuses on the acquisition and development of Class A industrial real estate in the supply constrained core industrial markets of South Florida, Chicago, Northern New Jersey, Southern California and Seattle. Since its inception in 2000, Bridge has successfully acquired and developed more than 42 million square feet of industrial buildings/projects valued at more than $6.9 billion. Currently, Bridge has a strategic joint venture with investment partnerships managed by Banner Oak Capital Partners, L.P., a Dallas-based investment advisor.
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