Foundry Commercial broke ground on Midpointe Miami Logistics Park in Hialeah Gardens thanks to a $26.32 million construction loan.
Wells Fargo Bank awarded the mortgage to Foundry Gallop Miami I LLC, an affiliate of the Orlando-based developer. It covers the 18-acre site at 14501 N.W. 109th Ave.
Foundry Commercial, the multi-market commercial real estate firm with offices across the Southeast and Texas, recently closed on the purchase of the Midpoint Miami Logistics Park, an 18-acre site in Hialeah Gardens approximately 10 miles north of the Miami International Airport.