{"id":216405,"date":"2026-04-02T18:57:11","date_gmt":"2026-04-02T18:57:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/216405\/"},"modified":"2026-04-02T18:57:11","modified_gmt":"2026-04-02T18:57:11","slug":"kurv-industrial-drops-220-million-on-pompano-beach-complex","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/216405\/","title":{"rendered":"Kurv Industrial Drops $220 Million on Pompano Beach Complex"},"content":{"rendered":"<p>Kurv Industrial, formerly <a href=\"https:\/\/therealdeal.com\/miami\/2026\/02\/27\/bridge-industrial-nabs-doral-warehouse-construction-loan\/\" rel=\"nofollow noopener\" target=\"_blank\">Bridge Industrial<\/a>, dropped $219.7 million to buy a Pompano Beach warehouse portfolio in South Florida\u2019s priciest industrial deal so far this year and the second nine-figure trade in the Broward County city this week.\u00a0<\/p>\n<p>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.\u00a0<\/p>\n<p>The price amounts to $268 a square foot.\u00a0<\/p>\n<p>The buildings, which are being rebranded as Kurv Pompano, are at 1260 Northeast 48th Street, 1240 Northeast 48th Street and 1300 Northeast 48th Street.\u00a0<\/p>\n<p>Vancouver-based QuadReal Property Group, led by Dennis Lopez, sold the portfolio to Kurv in three separate transactions, records show.\u00a0<\/p>\n<p>Kurv paid $122.5 million for two buildings on 23.8 acres completed in 2020, $93.1 million for two warehouses built in 2023 on 23.5 acres and $4.5 million for a facility completed in 1993.\u00a0<\/p>\n<p>QuadReal paid a combined $25.9 million for the three industrial properties in 2017, records show. The recent sale price marks a 748 percent gain over the property\u2019s last trade.<\/p>\n<p>Institutional appetite for South Florida warehouses is increasing. Blackstone recently made a splash with its <a href=\"https:\/\/therealdeal.com\/miami\/2026\/03\/30\/blackstone-pays-163-million-for-broward-county-warehouses\/\" rel=\"nofollow noopener\" target=\"_blank\">$163.1 million<\/a> acquisition of a Pompano Beach warehouse portfolio, underscoring how deeply capital is flowing into the region\u2019s industrial market.\u00a0<\/p>\n<p>In recent years, Kurv Industrial has positioned itself as one of South Florida\u2019s most aggressive players in the industrial sector. In February, the firm landed a <a href=\"https:\/\/therealdeal.com\/miami\/2026\/02\/27\/bridge-industrial-nabs-doral-warehouse-construction-loan\/\" rel=\"nofollow noopener\" target=\"_blank\">$56.7 million<\/a> construction loan to redevelop a Doral corporate campus into two warehouses spanning 268,700 square feet. In 2024, Kurv paid <a href=\"https:\/\/therealdeal.com\/miami\/2026\/02\/27\/bridge-industrial-nabs-doral-warehouse-construction-loan\/\" rel=\"nofollow noopener\" target=\"_blank\">$45.4 million<\/a> for the 16-acre former Corporate Park of Doral.\u00a0<\/p>\n<p>Kurv is also transforming the former Ryder System headquarters near Doral into a 326,400-square-foot industrial complex with a <a href=\"https:\/\/therealdeal.com\/miami\/2024\/09\/27\/bridge-industrial-nabs-loan-to-redevelop-ex-ryder-hq\/\" rel=\"nofollow noopener\" target=\"_blank\">$53 million<\/a> construction loan obtained in 2024.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"Kurv Industrial, formerly Bridge Industrial, dropped $219.7 million to buy a Pompano Beach warehouse portfolio in South Florida\u2019s&hellip;\n","protected":false},"author":2,"featured_media":216406,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[249,251,250,98590],"class_list":["post-216405","post","type-post","status-publish","format-standard","has-post-thumbnail","category-fort-lauderdale","tag-fort-lauderdale","tag-fort-lauderdale-headlines","tag-fort-lauderdale-news","tag-kurv-industrial-pompano-beach"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/216405","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=216405"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/216405\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/216406"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=216405"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=216405"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=216405"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}