Bain Capital Forks Over $52 Million for South Florida Industrial Campus

Kurv Industrial, previously known as Bridge Industrial, has finalized the $52 million sale of a warehouse campus in Pompano Beach, Fla., according to official property records. Known as Bridge Point Pompano Beach Commerce Park, the asset is a high-profile industrial space in Pompano Beach, Fla., consisting of three buildings totaling 380,496 square feet. The buyer was Boston-based Bain Capital Real Estate.

Constructed during the 1980s and 1990s, the facilities feature 24-foot clear heights along with a combination of grade-level and dock-high loading options. The campus is strategically positioned between 1541 and 1571 North Powerline, placing it roughly equidistant from Interstate 95 and the Florida Turnpike.

Ovy Anghel of APEX Capital Realty served as the broker for the transaction. While representatives for both Kurv Industrial and Bain Capital have not yet commented on the deal, the purchase highlights the ongoing competitive demand for South Florida industrial assets.

Investors continue to pursue quality properties in prime locations, driven by low vacancy rates that support consistent rental growth and long-term appreciation. Pompano Beach remains particularly attractive due to its infrastructure investments, favorable zoning and direct access to vital transportation corridors.

For Bain Capital, this move into the industrial sector follows a string of significant investments in other Florida asset classes. Last year, the firm acquired 10 Publix-anchored retail centers across Florida and South Carolina for approximately $395 million. More recently, in March, Bain Capital provided $118 million in refinancing for a new multifamily project in Miami’s Wynwood neighborhood.

Rosemont, Ill.-based Kurv Industrial, which rebranded March, originally purchased the commerce park for $46.3 million. Despite divesting this specific asset, the company remains a dominant player in the regional market. Earlier this month, it completed South Florida’s largest industrial transaction of the year by purchasing a newly built, 435,201-square-foot distribution center — also located in Pompano Beach — for $220 million, signaling its continued commitment to the local logistics landscape.