Foundry and Wheelock plan to redevelop the 125,281-square-foot campus into Egret Point Logistics Center, a planned 457,000-square-foot industrial project that was approved by the Boynton Beach City Commission last month.
The company plans to hire brokers for all commercial real estate sectors.
The massive industrial park in Stuart, Florida is being developed by Foundry Commercial.
John Criddle, Joseph Freitas, and Max Pawk with CBRE facilitated lease negotiations on behalf of ownership, South Florida-based real estate investment group Grover Corlew.
Matthew McAllister and Chris Metzger of Cushman & Wakefield represented the landlord.
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.
Seagis plans to break ground by year’s end on a modern, new 117,790-square-foot industrial building that caters to today’s industrial users.
When completed, the distribution complex will encompass three LEED-certified warehouse buildings totaling over 495,000 square feet.
Foundry and HighBrook purchased the property from a family business unit that had owned AIC for more than 20 years.