CIASF Announces 2025-2026 Officers
Ted Elam, Principal at Foundry Commercial, will serve as president for the distinguished real estate organization, known for its comprehensive industrial, office, and real estate finance reports.
Ted Elam, Principal at Foundry Commercial, will serve as president for the distinguished real estate organization, known for its comprehensive industrial, office, and real estate finance reports.
Both projects total a combined 832,000 square feet.
Colliers’ Michael Falk and Jonathan Temple represented the tenant in the lease transaction. Cushman & Wakefield’s Matthew McAllister and Eric Cantor represented the landlord.
The new agreement secures 83,793 square feet of space, which includes an expansion of 14,560 square feet.
Foundry originally acquired the site for $8.75 million in 2022
The project will consist of a Class A, two-building, variable-depth multi-tenant industrial development totaling 457,110 square feet situated on 30.78 acres.
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.
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