Foundry, partner pay $23M for 10-acre industrial dev site in Pompano Beach
Foundry Commercial and a real estate fund bought a 10.2-acre parking lot in Pompano Beach for $23.1 million, with plans to develop a pair of warehouses. Orlando-based Foundry and a fund advised by Dallas-based Crow Holdings Capital bought the site on the northwest corner of Northwest 33rd Street and Northwest 27th Avenue, according to records and real estate database Vizzda. The site is called Festival South and is directly south of the Festival Marketplace shopping center that closed this summer. Foundry and its partner plan a 182,000-square-foot development with a pair of warehouses, a Foundry news release says. Led by […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts
Zohran Mamdani Wins New York City Mayoral Election—After Promising Sweeping Tax and Housing Changes
Sell or Stay? The High-Stakes Decision Facing Real Estate Investors
Upzoning Was Meant To Fix L.A.’s Housing Crisis—Is It Making It Worse?
Texas Gov. Greg Abbott Threatens ‘100% Tariff’ on New Yorkers Who Want To Flee to the Lone Star State
Inside Dick Cheney’s Multimillion-Dollar Real Estate Portfolio—Including $11 Million Property in His Home State
Another Fed rate cut to finish 2025? Not so fast
Raoul Thomas’ financially embattled CGI Merchant sells co-working portfolio for $31M
Hoda Kotb Shares Rare Glimpse Inside Her $2.9 Million Bronxville Home as She Reunites With Ex Joel Schiffman
Washington Prime sells Coral Springs shopping center for $61M
November Demo Day: Nestment Key by Nestment
GET MORE INFORMATION
Stevan Stanisic
Real Estate Advisor | License ID: SL3518131
Real Estate Advisor License ID: SL3518131