Phase three will consist of four new buildings, totaling 918,972 square feet, and will be the final construction phase at the 225-acre, master-planned Bridge Point North campus that Bridge has been actively developing since 2015.

The property is zoned for industrial use with a range of proposed uses including office, warehouse, fabrication and more.

Glenmont Capital Management and Arlington Properties sold the Class A community, which they developed in 2017, to an undisclosed buyer.

The SL Green portfolio is in a state of transformation, as the New York-based real estate investment trust sells off static assets to identify opportunities for reinvestment within the portfolio.