Bridge Industrial plans nearly 270K sf warehouse redevelopment at Doral office site

Steve Poulos, Founder/Chief Executive Officer, Partner at Bridge Industrial
Steve Poulos, Founder/Chief Executive Officer, Partner at Bridge Industrial - Official Website
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Bridge Industrial has announced plans to redevelop a corporate campus in Doral, Florida, into nearly 270,000 square feet of warehouse space. The project reflects a broader trend in South Florida where developers are converting aging suburban office complexes into industrial or residential properties.

The company, based in Chicago and led by Steve Poulos with Kevin Carroll overseeing leasing for the Southeast region, will build two warehouses totaling 268,700 square feet on a 16-acre site at 7775 Northwest 48th Street. Site preparations are underway, and completion is expected in the third quarter of 2027.

Bridge Industrial acquired the property last year for $45.4 million. The previous owner, managed by Richard and Warren Zinn of Miami, had purchased it for $7.8 million in 2010. The existing Corporate Park of Doral complex consists of eight buildings totaling about 192,800 square feet and was originally built in the 1970s.

According to Bridge Industrial’s release, the firm has developed or planned approximately 11 million square feet of industrial projects across South Florida’s tri-county area.

This development marks Bridge’s second office-to-industrial conversion in Miami-Dade County. Last year, Bridge secured a $53 million construction loan to develop Bridge Point Flagler Station—a project with two warehouses totaling 326,400 square feet—on the former headquarters site of Ryder Systems at 11690 Northwest 105th Street. Ryder Systems relocated its headquarters to Coral Gables as part of an effort to reduce office space due to hybrid work models.

Other similar redevelopment projects are occurring nearby. Hamilton Development from Nashville plans to demolish office buildings at Flagler Station (9725 Northwest 117th Avenue and 10451 Northwest 117th Avenue) and replace them with over 300,000 square feet of industrial facilities. In Boca Raton, Related Group (led by the Pérez family), BH Group (Toledano family), and Pebb Enterprises intend to convert one office building at Office Depot’s campus (6600 North Military Trail) into a residential building with about 500 units; two other office buildings there will remain unchanged. Keystone Development + Investment is also planning new apartments near Dadeland Mall by repurposing offices at two addresses on South Dadeland Boulevard in Kendall.



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