Bridge Development Partners, LLC announced its latest project from its East Coast operations: the development of Bridge Point South Brunswick Manor, a 488,800 square-foot spec industrial distribution facility set for delivery in the third quarter of 2016.
The property will be developed on 35 acres in South Brunswick, on Davidson Mill Road near the New Jersey Turnpike at Exit 8A halfway between New York and Philadelphia. The land is a long-term ground lease with the Halpern family. The building will feature 36-foot clear ceiling height warehouse spaces, 98 truck dock positions, two drive-in doors, an ESFR fire protection 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 Design + Build, LLC is the general contractor. The building envelope 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 Premier 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 J. Milanaik. “Demand for users is high in both for lease and sale which creates a dynamic environment to position the assets.”
Earlier this year, the team in New Jersey announced Bridge Point Union, a single speculative 263,415-square-foot industrial building with 36-foot clear ceiling heights. It will be designed to accommodate up to two tenants. The firm acquired a former dairy processing plant dating back to the 1920s, but had ceased operations about 10 years ago. Bridge will demolition all 24 existing manufacturing, warehouse, and office buildings totaling 210,561 square feet on the site. The firm will then develop Bridge Point Union. Bridge expects building completion by April 2016.
In 2014, Bridge Development opened its East Coast office in New Jersey with Jeffrey J. Milanaik and John Porcek. Both join the firm as principals overseeing operations of the new office. It is the firm’s third office since its inception 13 years ago. Its second office outside of Chicago 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.Related Articles: