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.
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