Foundry Commercial Recognized by CoStar for Top Quarterly Deals

Posted on November 16, 2021

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Deals in Four of Foundry’s Markets Rank for Office, Industrial, and Retail Leasing

Orlando, Fla. (Nov. 16, 2021) – CoStar Group, Inc., an analytics leader in the commercial real estate industry, recently announced the recipients of its annual Power Broker Quarterly Deals, recognizing the top deals done by brokers every quarter in each market.

During the third quarter of 2021, Foundry Commercial was recognized in the following markets and industry categories:

Charlotte, North Carolina

Top Industrial Leasing Deal
Submarket: North Ind
SF Leased: 159,120
Tenant Name: Safe Guard Medical
Landlord Reps: Warren Snowdon, Dave Hanna, Casey Mulhern

Top Office Leasing Deal
Submarket: Airport
SF Leased: 59,003
Tenant Name: Dentsply Sirona
Landlord Reps: Karah Tanneberger, John Ball

Jacksonville, Florida

Top Office Leasing Deal
Submarket: Southside
SF Leased: 40,000
Tenant Name: Duos Technologies
Landlord Reps: Brad Chrischilles

Top Office Leasing Deal
Submarket: Southside
SF Leased: 40,036
Tenant Name: US Bank
Landlord Reps: Andrew Hawkins, Brad Chrischilles

Top Office Sale Deal
Submarket: Southside
SF Sold: 218,000
Buyer Name: Dunn & Bradstreet
Buyer Rep: Brad Chrischilles

Orlando, Florida

Top Industrial Leasing Deal
Submarket: NW Orange County Ind
SF Leased: 34,000
Tenant Name: Heyden Supply
Landlord Reps: Justin Ruby, Joey Woodman

Raleigh-Durham, North Carolina

Top Industrial Leasing Deal
Submarket: South Durham Ind
SF Leased: 132,000
Tenant Name: LifeScience Logistics
Landlord Reps: James Allaire

Top Industrial Leasing Deal
Submarket: Research Triangle Ind
SF Leased: 31,243
Tenant Name: RiteRug Flooring
Landlord Reps: Alexis Lambeth, Jackson Rives

Top Office Leasing Deal
Submarket: Research Triangle
SF Leased: 33,571
Tenant Name: Weatherby Healthcare
Tenant Reps: Cheshire Webb

Top Office Leasing Deal
Submarket: Cary
SF Leased: 24,317
Tenant Name: Cadence Design Systems, Inc.
Landlord Reps: Jordan Betz, John Kelly, Patrick Blackley

Top Retail Leasing Deal
Submarket: Route 1
SF Leased: 6,800
Tenant Name: Once Upon A Child
Landlord Reps: Ross Diachenko, Nolan Mills IV

“Industrial continues to be a red-hot target, but we’re also seeing an uptick in interest for both office and retail properties as we emerge from the pandemic,” said Gregg Ickes, President of Real Estate Services, Foundry Commercial. “It’s always nice to be recognized by CoStar for all of the work that goes into these transactions, and we’re proud of all of the Foundry brokers who have continued to work hard to see these deals through to the finish line. We look forward to closing out the year strong.”

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About Foundry Commercial

Foundry Commercial is a full-service real estate services and investment company with over 380 employees and more than 60 million square feet of management and leasing across the Sun Belt. Since 2007, Foundry has provided leasing, brokerage, building management, corporate services, and project management services, and is the largest real estate service provider to religious and not-for-profit organizations in the country. Foundry also includes a development and investment platform that is fully integrated into its services business, leveraging its local market expertise to control more than $1.5 billion in advantaged investment opportunities with their JV partners. For more information, visit www.foundrycommercial.com.

About CoStar Group, Inc.

CoStar Group, Inc. (NASDAQ: CSGP) is the leading provider of commercial real estate information, analytics and online marketplaces. Founded in 1987, CoStar conducts expansive, ongoing research to produce and maintain the largest and most comprehensive database of commercial real estate information. Our suite of online services enables clients to analyze, interpret and gain unmatched insight on commercial property values, market conditions and current availabilities. CoStar Group’s websites attracted an average of approximately 45 million unique monthly visitors in aggregate in the third quarter of 2019. Headquartered in Washington, DC, CoStar Group maintains offices throughout the U.S. and in Europe and Canada with a staff of over 3,600 worldwide, including the industry’s largest professional research organization. For more information, visit www.costargroup.com.