Foundry Commercial To Establish South Florida Brokerage, Hires Former CBRE Director To Lead
The company plans to hire brokers for all commercial real estate sectors.
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The company plans to hire brokers for all commercial real estate sectors.
The project is expected to deliver in late 2023.
He brings more than a decade of experience overseeing, leading, and directing successful operations within both skilled nursing and assisted living and memory care communities.
Foundry and HighBrook purchased the property from a family business unit that had owned AIC for more than 20 years.
Berkadia arranged $14.1 million in acquisition financing on behalf of Foundry Commercial for the acquisition.
The project is on a fast-track for completion in the second quarter of 2021.
Located near the intersection of Florida’s Turnpike and U.S. 27, and close to Interstate 75, Midpoint Miami Logistics Park will provide next-generation industrial space in a market responding to intense demand spurred by the uptick in ecommerce during the COVID-19 pandemic.
The process for securing the ground lease for the development began in 2008. CLICK ON THE HEADLINE FOR MORE
He will lead development and investment activity in South Florida in his new role. CLICK ON THE HEADLINE FOR MORE
The addition of notable industry talent brings new opportunities for the commercial real estate firm. CLICK ON THE HEADLINE FOR MORE