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Steve Poulos Of Kurv Industrial Acquires East Pompano Industrial Center For $219.7M From QuadReal

Property Image
SOLD
$219,700,000
Steve Poulos
Dennis Lopez

Florida

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Industrial819,752 SF
Sold 04/02/2026
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Property Image
SOLD

Steve Poulos Of Kurv Industrial Acquires East Pompano Industrial Center For $219.7M From QuadReal

1300 Northeast 48th Street

See Similar Deals
Industrial819,752 SF
Sold 04/02/2026
Steve Poulos
Dennis Lopez
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$268
Total Square Footage:819,752 SF
Transaction Type:Sale

The transaction involves an industrial asset located at 1240, 1260 & 1300 Northeast 48th Street in Pompano Beach. The property comprises a five-building complex spanning 50 acres with a total square footage of 819,752, and the transaction was executed for a price of $219,700,000, equating to $268 per square foot. The property is reported to be more than 50% leased and has been funded with a loan from Ares Commercial.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $219,700,000
  • Buyer: Steve Poulos - Kurv Industrial
  • Seller: Dennis Lopez - QuadReal Property Group
  • Broker: CBRE
  • Lender: Ares Commercial
  • Asset size: 50 acres
  • Total square footage: 819,752
  • Price per square foot: $268

Steve Poulos represented Kurv Industrial in the acquisition of the asset, while Dennis Lopez represented QuadReal Property Group as the seller. The deal was brokered by the commercial real estate firm CBRE, ensuring the smooth execution of the transaction between the buyer and seller.

Players

CBRE
CBRE
BROKERAGE
Steve Poulos
Steve Poulos
26 deals$2B volume
BUYER
Ares Management
Ares Management
LENDER

Details

SOLD
IMAGE: Steve Poulos & Dennis Lopez DATE: 04/02/2026 ADDRESS: 1240, 1260 & 1300 Northeast 48th Street MARKET: Pompano Beach ASSET TYPE: Industrial ~ ACRES: 50 BUYER: Steve Poulos - Kurv Industrial SELLER: Dennis Lopez - QuadReal Property Group (@QuadRealPropertyGroup) BROKER: CBRE (@CBRE) LENDER: Ares Commercial SALE PRICE: $219,700,000 SF: 819,752 ~ PPSF: $268 NOTE: Kurv Industrial acquired the 819,752-square-foot East Pompano Industrial Center in Pompano Beach from QuadReal Property Group for $219.7 million, or $268 per square foot, in a CBRE-brokered deal.The five-building, 50-acre complex, built between 1983 and 2023 and more than 50% leased, was financed with a $154.84 million loan from an affiliate of Ares Commercial and will be renamed Kurv Pompano.

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