Kurv Industrial acquired the East Pompano Industrial Center for $219.7 million. Kurv says that makes it South Florida’s largest industrial deal of the year. The seller was QuadReal Property Group. CBRE National Partners represented the seller in the transaction.

This acquisition is part of Kurv Industrial’s previously announced $789 million joint venture with Canada Pension Plan Investment Board (CPP Investments).

The 818,611-square-foot warehouse park is slightly more than 50 percent leased. Following the acquisition, the logistics park will be rebranded as Kurv Pompano, with planned capital improvements, spec office buildouts, and energy-efficient upgrades that will enhance the property and accelerate lease-up. Kurv Pompano offers modern industrial space options from 20,000 to 215,000 square feet.

Since 2012, Kurv, formerly known as Bridge Industrial, has acquired over 800 acres in 24 separate transactions across South Florida. The firm has acquired, delivered or has under construction over 12 million square feet of Class A industrial space across the region.