Foundry, American Realty Advisors Obtain $57M Loan for Osprey Logistics Park in South Florida

Foundry, American Realty Advisors Obtain $57M Loan for Osprey Logistics Park in South Florida

CORAL SPRINGS, FLA. — A joint venture between Foundry Commercial and American Realty Advisors has obtained a $57 million loan for Osprey Logistics Park, a 427,515-square-foot industrial park located at 12000 N.W. 39th St. in Coral Springs, a city in South Florida’s Broward County. Steven Klein, Melissa Rose, Nicole Barba and Preston Bacon of JLL arranged the floating-rate loan through Synovus Bank. Built in 2023, Osprey Logistics Park sits on 22…

Coral Springs Industrial Park Acquired for $57M

An investor duo comprised of Foundry Commercial and a fund managed by American Realty Advisors obtained $57 million in financing for Osprey Logistics Park, a 427,515-square-foot Class A industrial park in Broward County, Florida. JLL worked on behalf of the borrowers to secure a floating-rate loan through Synovus. Completed in 2023, Osprey Logistics Park consists of two industrial buildings located at 12000 NW 39th St., Coral Springs, Florida. T…