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.
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