Kurv shells out $220M for Pompano Beach portfolio in biggest industrial trade this year

Kurv Industrial, formerly Bridge Industrial, dropped $219.7 million to buy a Pompano Beach warehouse portfolio in South Florida’s priciest industrial deal so far this year and the second nine-figure trade in the Broward County city this week.  Three affiliates of Chicago-based Kurv, led by Steve Poulos, acquired East Pompano Industrial Center, a collection of five warehouses spanning 819,800 square feet, records and real estate database Vizzda show. The buyer financed the purchase with a $154.8 million mortgage from AREEIF Lender.  The price amounts to $268 a square foot.  The buildings, which are being rebranded as Kurv Pompano, are at 1260 […]This article originally appeared on The Real Deal. Click here to read the full story.