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2900 West Sample Road

Foundry Commercial And Wheelock Street Capital Secures $78M Construction Loan For Pompano Beach Industrial Asset
FINANCEDIndustrial

Foundry Commercial And Wheelock Street Capital Secures $78M Construction Loan For Pompano Beach Industrial Asset

2900 West Sample Road

$78,000,000

$163/SF

Building Size

476,897 SF

Asset Type

Industrial

Closing

Sep 23, 2025

AI

The property asset involved in this transaction is an industrial facility located at 2900 West Sample Road in Pompano Beach. The asset encompasses a total square footage of 474,000 and is associated with a loan amount of $78,000,000 for construction purposes.

Summary of transaction details:

The key individuals involved in this transaction include Melissa Rose, Steve Klein, Jovi Rodriguez, and Preston Bacon, all representing JLL. Foundry Commercial and Wheelock Street Capital are the landlords associated with the property.

Players

Steven Klein

JLL

Broker

$3.9B

vol

52 deals

Broker
JLL
JLLBrokerage
Foundry Commercial
Foundry CommercialLandlord

Pompano Beach Industrial Market Snapshot

Boundary boundary · Industrial · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.20%

Cash-on-Cash

-0.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93