Kurv Industrial Acquires South Florida Industrial Park for $220M

Kurv Industrial Acquires South Florida Industrial Park for $220M

POMPANO BEACH, FLA. — Kurv Industrial, formerly known as Bridge Industrial, has acquired East Pompano Industrial Center, a five-building industrial park in South Florida’s Broward County. The Chicago-based based owner-operator purchased the 818,611-square-foot development from Vancouver-based QuadReal Property Group for $220 million, making the deal the largest industrial acquisition in South Florida this year, according to Kurv. The acquisition…

Kurv Pays Nearly $220M for Pompano Beach Industrial Park

Kurv Industrial acquired the East Pompano Industrial Center for $219.7 million. Kurv says that makes it South Florida’s largest industrial deal of the year. The seller was QuadReal Property Group. This acquisition is part of Kurv Industrial’s previously announced $789 million joint venture with Canada Pension Plan Investment Board (CPP Investments). The 818,611-square-foot warehouse park is slightly more than 50 percent leased. Following the acq…