14B — April 15 - 28, 2016 — New Jersey — M id A tlantic

Real Estate Journal


N ew J ersey

Firm to unveil state-of-the-art industrial facilities for area Bridge Development Partners continues growth; New offerings in tight market S

lease with the Halpern fam- ily. The building will feature 36-foot clear ceiling height warehouse spaces, 98 truck dock positions, two drive-in doors, an ESFR fire protec- tion sprinkler system and 800 amp, 277/480 volt electrical service. Additionally, a new parking lot with 100 spaces for cars and 85 spaces for trailers will be provided. Marquee brands such as Barnes and Noble, Conagra Foods, Home Depot, Williams Sonoma and Volkswagen have flex and industrial space leased in the same area PREMIER Des i gn +

Build, LLC is the general contractor. The building enve- lope materials will consist of load-bearing, precast concrete wall panels and glass and glazing at office entryways. The speculative facility will be equipped with a fully-adhered 60-mil TPO roofing system and positive pressure heating units. Julie Piszczek of Pre- mier is the project manager and Michael Kaufmann is the field superintendent. Joel Lubin and Nate Demetsky of JLL are representing the Bridge Development in the marketing of the property. “We are excited about the opportunity to introduce new state-of-the-art buildings in the area,” said Bridge principal Jeffrey Milanaik . “Demand for users is high in both for lease and sale which creates a dynamic environ- ment to position the assets.” Earlier this year, the team in New Jersey announced Bridge Point Union, a single speculative 263,415 s/f in- dustrial building with 36-foot clear ceiling heights. It will be designed to accommodate up to two tenants. The firm acquired a former dairy pro- cessing plant dating back to the 1920s but had ceased operations about 10 years ago. Bridge will demolition all 24 existing manufactur- ing, warehouse, and office buildings totaling 210,561 s/f on the site. The firm will then develop Bridge Point Union. Bridge expects build- ing completion by April 2016. In 2014, Bridge Develop- ment opened its East Coast office in New Jersey with Jeffrey Milanaik and John Porcek both join the firm as principals overseeing opera- tions of the new office. It is the firm’s third office since its inception 13 years ago. Its second office outside of Chi- cago was opened in Miami, Florida, in 2009. To date, Bridge has developed and/or acquired more than 10 million square feet of investment- grade industrial and office buildings in, and it currently has more than $750 million of new industrial developments under way. Bridge Development Part- ners, LLC is a privately owned firm focused on the develop- ment and acquisition of in- dustrial and office real estate in the Chicago, South Florida, Los Angeles and Northern New Jersey regions. n

OUTH BRUNSWICK, NJ — Bridge Develop- ment Partners, LLC announced its latest project from its East Coast opera- tions, the development of Bridge Point South Bruns- wickManor, a 488,800 s/f spec industrial distribution facility set for delivery in the third quarter of 2016. The property will be de- veloped on 35 acres in South Brunswick, New Jersey, on Davidson Mill Rd. near the New Jersey Turnpike at Exit 8A halfway between New York and Philadelphia. The land is a long-term ground

Bridge Point South Brunswick Manor

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