Kurv Industrial Acquires 800,000+ SF, Value-Add Industrial Portfolio In The Heart Of Broward County In Pompano Beach
Kurv Industrial, formerly known as Bridge Industrial, a private, vertically integrated industrial real estate investment and operating firm, announced the acquisition of East Pompano Industrial Center, a five-building industrial portfolio, totaling 818,611 square feet, and more than 50 percent leased in Pompano Beach.
According to property records, Kurv Industrial acquired the portfolio for $219.7 million from Vancouver-based QuadReal Property Group, marking South Florida’s largest industrial deal this year.
Located at 1240, 1250, 1260, 1270 and 1394 NE 48th Street, the institutional-grade portfolio features four Class A buildings, plus one low-coverage building delivered in 1993. Following the acquisition, the logistics park will be rebranded as Kurv Pompano, with planned capital improvements, spec office buildouts, and energy-efficient upgrades that will enhance the property and accelerate lease-up. This acquisition is part of Kurv Industrial’s previously announced $789 million joint venture with Canada Pension Plan Investment Board (CPP Investments).
“This portfolio reflects the type of opportunistic acquisitions we continue to pursue across South Florida,” said Aaron Kalmadge, VP Investments, Southeast Region, Kurv Industrial. “It’s a well-located Class A industrial park in the heart of Broward County with easy access across the tri-county region. The park offers strong fundamentals and significant upside potential. We look forward to implementing a series of capital improvements to drive leasing momentum and create long-term value.”
Strategically located in Pompano Beach, the largest industrial submarket in Broward County, with easy access to I-95, Florida’s Turnpike and South Florida’s busiest air and seaports, Kurv Pompano offers modern industrial space options from 20,000 to 215,000 square feet. Designed to meet today’s dynamic tenant requirements, the buildings feature rear-load functionality, 32-foot clear heights, ESFR sprinkler systems, and efficient column spacing. The property’s central location allows access to more than 80 percent of South Florida’s population within a 60-minute drive, making it well positioned for tenants serving the broader tri-county region.
Kurv Industrial is one of South Florida’s most active industrial real estate developers. Since 2012, the company has acquired over 800 acres in 24 separate transactions across South Florida. The firm has acquired, delivered or has under construction over 12 million square feet of Class A industrial space across the region.
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