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Foundry Commercial is set to redevelop two office buildings in Weston into modern industrial warehouses on behalf of the property owner.

Located at 3265 Meridian Parkway and 3040-3050 Universal Blvd, the site currently has a 42,992-square-foot office built in 1990 and a 67,350-square-foot office constructed in 1998.

The 11.3-acre site, currently under contract, will transition from traditional office use to industrial operations, part of a broader trend of suburban office-to-industrial conversions.

Foundry, which has completed more than $1.4 billion in acquisitions across office, retail, and senior housing, has earned recognition as NAIOP South Florida’s Developer of the Year for its innovative redevelopment projects.

The project is expected to attract distribution and light-industrial tenants, potentially prompting local infrastructure improvements to support increased traffic and operational needs.

CP Group and DRA Advisors announced more than 266,000 square feet of leasing activity at the 1.7-million-square-foot Boca Raton Innovation Campus (BRiC).

The activity includes three new leases and two renewals from tenants spanning healthcare, tech, and education sectors.

New leases include:

Allstar Recruiting Locums LLC leased 42,697 square feet, doubling its space as it relocates from Deerfield Beach.
Cinch Home Services signed for 32,888 square feet.
EchoTwin AI leased 2,704 square feet for its first office, with the founder relocating from San Francisco.

Renewals include:

Modernizing Medicine renewed 127,821 square feet.
Everglades University renewed 52,582 square feet.
Newtek renewed 7,810 square feet.

Jeff Kelly of CBRE represented CP Group in all transactions.

CP Group is finalizing a $100 million renovation of the former IBM R&D campus, adding amenities such as a wellness center operated by Boca Raton Regional Hospital, dining options, event spaces, fitness studios, and a 1,100-space parking garage.

The firm is also expanding its flexible “worCPlaces” spec suite program. Two completed phases totaling 30,000 square feet are fully leased, and a third phase—including six suites and seven individual offices—is under construction for delivery in January 2026.

BRiC was rezoned in 2023 to allow future development of residential, retail, hospitality, and entertainment uses, opening the campus to the public year-round. The property also serves as a venue for corporate events, community gatherings, and private celebrations.

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Foundry Commercial Plans Office-To-Warehouse Redevelopment In Weston

266,000 SF In New Leases, Renewals Reported At Boca Raton Innovation Campus

Foundry Commercial Plans Office-To-Warehouse Redevelopment In Weston

266,000 SF In New Leases, Renewals Reported At Boca Raton Innovation Campus

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Foundry Commercial Plans Office-To-Warehouse Redevelopment In Weston

266,000 SF In New Leases, Renewals Reported At Boca Raton Innovation Campus

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