News
Jacksonville, Fla. (Dec. 8, 2025) – Foundry Commercial’s Development & Investments (D&I) team, in coordination with the Jacksonville industrial brokerage team led by Mark Scott, SIOR, has been honored with the Fred Schroeder Award by the St. Johns County Chamber of Commerce’s Economic Development Council. The recognition was presented during the Chamber’s annual Celebrate event, held November 6 at the Riverview Club in St. Augustine.
The Fred Schroeder Award recognizes a company or project that has made a significant contribution to business expansion and economic vitality in St. Johns County. Foundry was recognized for its World Commerce Center development, one of the region’s most dynamic business parks and a key hub for industrial growth.
Foundry’s project at World Commerce Center, developed in partnership with Barings, includes the IGP/95 Logistics Park, featuring three industrial buildings totaling more than 500,000 square feet. Located just one mile from I-95 on International Golf Parkway, the park has been designed to serve the area’s rapidly expanding population and its increasing demand for industrial and logistics space.
“Receiving this recognition from the St. Johns County Chamber is an incredible honor,” said J. Paul Reynolds, CCIM, Partner, Development & Investments, Foundry Commercial. “Our goal with IGP/95 Logistics Park has been to create high-quality, functional industrial space that supports the county’s economic growth and attracts employers to this fast-growing region. This award reflects the dedication of our entire team across Foundry’s platform who brought this vision to life in collaboration with community and business partners.”
In a congratulatory message, the Chamber’s Senior Vice President of Economic Development & Public Policy, Scott Maynard, commended Foundry for its significant impact on the county’s economic growth.
In addition to IGP/95 Logistics Park, World Commerce Center is home to several major employers and institutions, including Ring Power Corp. and Rulon International, as well as popular retailers like Costco, Home Depot, Bass Pro Shops, and Buc-ee’s. Foundry’s investment and development within the park reinforces St. Johns County’s position as a key logistics and commerce corridor in Northeast Florida.
Representing Foundry at the event, Reynolds and Ryan Mayer, Development & Investments Associate, accepted the award on behalf of the firm. In addition, the Foundry Development & Investments team on this project includes Partner Moses Salcido and Senior Development Manager DeWayne Gordon.
Foundry Commercial has already secured two tenants at IGP/95 Logistics Park and is currently negotiating with a third. Several spaces still remain available for companies wanting to enter or expand in St. Johns County. To learn more, contact Foundry Partner Mark Scott at Mark.Scott@foundrycommercial.com or 904-345-2099.