Earlier this year, the San Francisco-based real estateinvestment and development firm linked up with Southern FacilitiesDevelopment of Miami to buy and build out Seneca Industrial Parkhere.
In the months since, the JV has added two industrial structuresto the exiting two and has the park's fifth building under way.Bristol will eventually become sole owner of the complex whenSouthern Facilities completes construction.
An entity known as Bristol Industrial I paid $13.07 million or$123,301 per acre ($2.83 per sf) for the 106-acre park and the twoexisting buildings. Hallandale Beach Boulevard, Pembroke Road, SW40th Avenue and I-95 border the tract.
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