MIAMI – February 10, 2026 – Stream Realty Partners, a national commercial real estate firm offering an integrated platform of services, announces the groundbreaking of Festival Logistics Park, marking a major milestone in the transformation of one of Pompano Beach’s most iconic commercial real estate sites.
Developed by Foundry Commercial in partnership with Wheelock Street Capital, Festival Logistics Park is situated on a 25-acre site at 2900 W. Sample Road in Pompano Beach. The project, which is expected to deliver in the fourth quarter of 2026, will offer approximately 485,000 square feet of Class A industrial space across three buildings, offering a rare opportunity for modern industrial users within Broward County, a submarket with limited availability of comparable new product. The site features full interchange access to the Florida Turnpike, strong visibility, and proximity to key regional corridors, reinforcing its continued role as a hub for economic activity.
Planned building specs include 32- to 36-foot clear heights, flexible configurations, and modern industrial features designed to accommodate a wide range of logistics, distribution, and light manufacturing users.
“South Florida remains a powerhouse for industrial real estate,” said Ted Elam, Principal at Foundry Commercial. “Ongoing demand tied to e-commerce and last-mile logistics continues to shape the market, and Festival Logistics Park is well-positioned to deliver what tenants need, pairing large-scale development with an exceptional location and access to labor.”
Stream Managing Directors & Executive Vice Presidents Nick Wigoda & Steve Medwin, along with Senior Associate Eli Havlik, will lead the leasing efforts on behalf of the ownership team.
“Festival Logistics Park is more than a new industrial development—it’s a continued legacy,” said Wigoda. “This project combines best-in-class industrial design with a site that already carries deep recognition in the community, and we’re proud to help reposition it for the next generation of economic growth.”
For more information, contact Stream Florida at 305.351.0470.
About Stream Realty Partners
Stream Realty Partners is a national commercial real estate firm offering an integrated platform of leasing, investment and development services. This includes tenant and landlord representation, Legendary CX property management, capital markets, investment management and sales, construction, construction management, national program management, workplace strategies, strategic marketing, and dedicated research. The company is headquartered in Dallas with operations in core markets coast to coast. Since 1996, Stream has grown to more than 1,550 professionals and now completes annual transactions valued at more than $8.9 billion in office, industrial, retail, healthcare, land, and data center properties. For information, visit www.streamrealty.com and follow Stream on LinkedIn, Instagram, X and Facebook.
