Bridge Net Lease, a Subsidiary of Bridge Investment Group, Acquires Manufacturing and Distribution Asset in Florida

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Jan 18, 2023

Bridge Net Lease announced that it has acquired a Class-A manufacturing and distribution asset located in the Port St. Lucie submarket of South Florida, totaling 411,852 square feet. The asset is 100% leased on a long-term net lease to TAMCO, a division of City Electric Supply Company, one of the largest electric supply wholesalers in the US. The asset was constructed in 2020 and features 40’ clear heights and cross-dock configuration, and includes additional land for potential future expansion. The transaction was brokered by the capital markets team of Jones Lang LaSalle, lead by Jason DeWitt.