Dallas‑based commercial real estate firm Stream Realty Partners announced on June 23, 2025, the sale of a 10.23‑acre industrial development parcel in Pompano Beach, Broward County, Florida. The deal was brokered by Stream Managing Directors Steve Medwin and Nick Wigoda.
Highlights
- Stream Realty Partners brokered the sale of a 10.23-acre industrial development site to Foundry Commercial.
- The buyers plan, alongside their partners, to develop a warehouse facility on the site.
- Its location places it within one of the nation’s most competitive logistics hubs, a prime spot for distribution facilities.
Foundry Commercial Plans Warehouse for Broward County
The plot has been purchased by Orlando, Florida-based commercial real estate company, Foundry Commercial, with a real estate fund advised by Crow Holdings Capital as a partner.
A modern industrial campus that will include two Class-A warehouse buildings, with a total area of 182,000 square feet, has been planned for the land parcel.
Foundry Commercial, which has an integrated development and investments platform, will partner with Crow Holdings Capital and Langan Engineering to design and construct the two buildings.
Strategic Location
The plot is located at the northwest corner of NW 33rd Street and NW 27th Avenue, near a full interchange with the Florida Turnpike. It is also in the immediate area of Interstate 95, Port Everglades, and Fort Lauderdale-Hollywood International Airport. Its position gives the plot superb access to South Florida’s tri-county distribution network and population centers.
“Pompano Beach continues to be among the strongest industrial markets in South Florida for its superb accessibility,” said Ted Elam, Principal, Foundry Commercial. The new buildings planned will “meet a strong need from growing businesses in the Pompano market in an outstanding location,” he added.
In a statement, Wigoda said, “This is a best-in-class location for industrial development in one of the most competitive logistics markets in the country.” He went on to say, “Its infrastructure, accessibility, and workforce density make it an ideal site for users seeking modern distribution capabilities.”
“The redevelopment of this site marks a significant milestone in the continued growth of Pompano Beach’s business landscape,” Steve Medwin remarked. Medwin said they were proud to help bring institutional-quality products to the area in collaboration with best-in-class partners like Foundry and the team at Crow Holdings Capital.
The company did not disclose the sale price of the property in the press release. There has been no announcement regarding the construction plans for the warehouses either.
