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Pompano Beach Warehouse Campus Trades for $124.5M
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Pompano Beach Warehouse Campus Trades for $124.5M
A Morgan Stanley fund has offloaded Bridge Point Powerline Road, a 467,000 square foot industrial park in Pompano Beach. CenterPoint Properties acquired the three-building complex for $124.5 million. The project was developed by Bridge Industrial on a site near Copans Road. The park was last sold in 2019 for $68.95 million. That sale was part of a $264 million portfolio sale involving Morgan Stanley and Bridge Industrial. It features one-story w…
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