Kurv Industrial Buys South Florida's Largest Industrial Portfolio of 2026 for $220M
Value
$220M
Location
Pompano Beach, Broward County, Florida
Date
2026-04-03
Companies
Company | Role, Kurv Industrial, QuadReal Property Group | Seller, Ares Management | Acquisition lender
Real estate firm Kurv Industrial (formerly known as Bridge Industrial) paid $220 million for a mostly new, multi-building distribution center complex in Pompano Beach, Florida-at the time of reporting, the largest industrial deal in South Florida in 2026. The East Pompano Industrial Center comprises four buildings totaling approximately 819,752 square feet on a nearly 50-acre site east of Interstate 95 along North Dixie Highway. The seller, Vancouver-based QuadReal Property Group, originally purchased the site in 2017 for a combined $25.9 million. Ares Management provided a $154.9 million acquisition loan. - Kurv Industrial: Rebranded from Bridge Industrial; a major industrial developer and investor operating in South Florida. Has been active in the market including a $57M construction loan secured in February 2026 to convert a Doral office building to warehouse use. - QuadReal Property Group: Canadian institutional real estate investor that assembled the site over six-plus years; realized a roughly 8.5x increase in value on the land and developments. - Ares Management: Global alternative asset manager providing 70% LTV acquisition financing. $154.9 million acquisition loan from Ares Management; balance of approximately $65 million in equity from Kurv Industrial.
Source
Commercial Observer