Foundry United Issue 14

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(FRONT COVER) CHERYL JACKSON AND MICHELLE SCOTT SERVING IN DALLAS, TX

LAUNCHING YOUR IDEAS FOUNDRY LAUNCH

Over the last few years, AI has gone from dreams of the HAL-3000 to a daily assistant for many of us in our roles. While it isn’t quite Jarvis (and yes, this is starting to sound like it was written by AI) – across the platform we have heard stories about how you are using AI tools to help you do your work faster and better. Scan here to submit your idea!

WHY FOUNDRY?

Two words, a simple question, yet one of the most profound we can ask: Why Foundry? This question allows us to learn, reveals blind spots, and, most importantly, reminds us how we are different, even when we might take those qualities for granted.

Reading the stories behind the question was both humbling and enlightening. In one instance, we approached the hiring process by getting to know the person, rather than just conducting a standard interview. Another leader needed to step away to truly recognize the impact of what we had built. One associate shared how they felt valued during recruitment and realized they could be themselves and thrive here. And a Partner returned to Foundry because of the relationships, the personal growth, and the collective progress we’ve achieved.

The common thread in every response was this: it’s personal. When we crafted our Vision and Mission, I spent considerable time thinking about how to make those words truly resonate; how do we make them alive in our business? In truth, it’s each of you who brings them to life in the way we treat one another, especially during those first interactions, and through the humility we demonstrate, which is an incredible strength. Humility has many applications but within this question it really means caring about each person, their journey, their challenges, and their aspirations.

In the end, what sets Foundry apart isn’t just our goals or our accomplishments—it’s how we live our values every day, together. We aren’t perfect; mistakes and relationship challenges happen, and yet they can strengthen us when we bring humility into the equation.

Grateful as well to be at Foundry.

JASON HOLWERDA, ANDREW MAXWELL, AND ALLY LANAHAN DURING NASHVILLE SERVE DAY

FOUNDRY UNITED: ISSUE 14, WINTER 2025 EDITION

Associates’ answers to ‘Why Foundry?’, the community-focused work that shapes Foundry’s culture, and the way the Services and D&I sides of the business work together reveal a clear theme when taking a closer look. Working together as one company will always be a value at the center of the platform.

SERVE WEEK

10 WHY FOUNDRY

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For the ninth year, associates from across the Foundry platform came together to serve incredible organizations in every market where Foundry has a presence.

28

We sat down with Foundry associates, new and seasoned, to hear about how Foundry’s culture has made a difference for them.

STEADY HANDS, FULL HEART

Scott Ghent was a steadfast presence across the entire Foundry platform. His legacy is deep and lasting.

JORDAN TRECO DURING
ORLANDO SERVE DAY
BETH LAMBERT | DALLAS, TX

BUILDING WITH PURPOSE

At Foundry, we see the work we do as more than just physical buildings. Commercial real estate is an opportunity to shape and impact the communities where we live and serve.

OFFICE OPPORTUNITY

The office sector has proven to be far from one-dimensional. Some Foundry markets have seen an upswing in the asset class and others have found opportunities in conversions.

CORRIDORS OF OPPORTUNITY

Foundry’s D&I and Services business lines have found an edge by working together on deals inside industrial corridors.

FULCRUM

(L TO R, ALLEGRO LIVING) DOUG SCHIFFER, PRESIDENT, STEPHANIE SANDEROFF, SENIOR VICE PRESIDENT OF SALES, CHERYL GRAY, SENIOR VICE PRESIDENT, HUMAN RESOURCES, JENNIFER FORREST, SENIOR VICE PRESIDENT OF SALES

THE FUTURE IS CARING

With the merger of Spring Arbor Management and Allegro Management, Allegro Living emerged, as Foundry’s healthcare platform remains bullish on seniors housing.

CORRIDORS

OF OPPORTUNITY

CULTURE

Take a look back at some major milestones associates have experienced plus some of the fun that’s taken place throughout our offices since the last issue.

JANE DOGGETT AND ANTRONE BRODIE | RALEIGH, NC

SERVE WEEK UNITED IN SERVICE 2025

Nine years ago, Foundry Commercial began what has become known as Serve Week – a yearly tradition born out of gratitude for the ways the company has grown and in service of the communities that surround Foundry markets. During this special week, associates across all geographies come alongside local nonprofits to address critical needs in their cities.

Throughout the years, Serve Week has become something associates look forward to. Not just because it’s a way to immerse themselves deeper in their communities and give back, but it is also an opportunity for the whole team to come together, and work toward something bigger than themselves. By joining together and stepping outside of office walls to serve, the Foundry credo – ‘It’s Personal’ – is lived out in real time.

“It’s not lost on us how special Foundry is,” said Nick McKinney in this year’s Serve Week recap video. “And that is because of the people.”

Foundry Commercial is a company built with people at its core. From each associate to the clients, partners, and community members, every single one is a critical piece of how the platform operates. There has always been an underlying belief that what is accomplished every day here is bigger than just commercial real estate. And Serve Week gives Foundry the chance to drive that core value home.

It is an opportunity to give thanks to the communities that embrace the company, foster genuine connections across the board, and step into what the company was made to do: make a far-reaching, lasting impact.

The first day of Serve Week held a beautiful day on the beach for the Boca Raton office, serving alongside Loggerhead Marinelife Center. This organization is dedicated to conserving ocean ecosystems, especially endangered sea turtles, through research, rehabilitation, and education. Foundry’s team joined forces with them and headed to Delray Beach, Florida, for a cleanup day. Together, Foundry associates removed 40lbs. of trash in two hours, aiding in Loggerhead Marinelife Center’s mission to make beaches cleaner and safer.

The Nashville team, alongside the road trip team, spent a meaningful day at Shelby Bottoms Nature Center, working hard to support local environmental efforts. With 35 dedicated volunteers, the team planted over 900 native plants, helping to restore and enhance the natural habitat of the park and children’s playground. They also moved 20 wheelbarrows of mulch to nourish and protect the new plantings, collected 40 pounds of trash to keep the area clean and safe, and sorted 200 small seed packs to support future restoration efforts.

PAUL ELLIS, JOHN CULL, NICK MCKINNEY, KATIE HENRY, AND BELLA MOORE SERVING AT LOGGERHEAD MARINELIFE CENTER IN BOCA RATON (LEFT)
THE NASHVILLE TEAM SERVING AT SHELBY BOTTOMS NATURE CENTER (RIGHT)

THE DALLAS TEAM VOLUNTEERING AT BONTON FARMS (TOP)

CHARLOTTE SERVE DAY WITH THE GREATER ENRICHMENT PROGRAM (MIDDLE)

The Dallas team had the opportunity to volunteer at Bonton Farms in Dallas, TX. Together, associates rolled up their sleeves to support Bonton Farms’ mission of building a healthier, more sustainable community through urban farming. From harvesting fresh produce to helping with grounds maintenance, the team was proud to contribute to the incredible work the organization is doing to create access to nutritious food and economic empowerment. It was a meaningful experience that brought our team closer together while giving back to a community making a real difference.

The Coral Gables team came together for a successful day two of Serve Week, dedicating two and a half hours to cleaning up their local beach with Clean this Beach Up. With eight team members participating, they collected an impressive 40 pounds of trash, helping to make a positive impact on the environment and the community.

The Charlotte team was joined by the road trip team to serve with the Greater Enrichment Program, marking Foundry’s eighth consecutive year volunteering with this amazing organization. GEP offers quality after-school enrichment programs to over 10,000 elementary-aged, at-risk children in the community. The team enjoyed facilitating and participating in various field day activities with the GEP students, such as balloon tossing, cotton candy spinning, and face painting.

Our California team joined forces to serve at South County Outreach. For over 30 years, South County Outreach has been a beacon of hope in Orange County, fighting hunger and homelessness through empowerment and essential services. By distributing over 700,000 pounds of food yearly and offering vital housing programs, they’re making strides towards a future where everyone has enough to eat and a place to call home. During their time volunteering, our team assisted in sorting various items within the food pantry.

ILEANA ANDINO, RAYANNE CHARLES, DAVID BLOUNT, ANDY DE LA FUENTE, LAILA CHAOUI-ROQAI, KRISTINA COLANTONIO, VICTOR RODRIGUEZ, AND NATHAN GOODWIN PARTICIPATING IN A BEACH CLEAN UP (BOTTOM)

THE TAMPA TEAM VOLUNTEERING WITH HABITAT FOR HUMANITY OF TAMPA BAY GULFSIDE (TOP)

The Tampa team had the incredible opportunity to serve with Habitat for Humanity of Tampa Bay Gulfside, supporting the organization’s mission to provide safe, affordable housing for families in need. While on-site, the team assisted with exterior priming and painting, along with other tasks essential to preparing the home for its future residents. This volunteer effort not only contributed to the timely delivery of the home but also demonstrated the team’s commitment to community service and making a lasting, positive impact.

During the 2025 Serve Week, the Raleigh team volunteered at Note in the Pocket, a nonprofit dedicated to providing quality clothing to homeless and impoverished children and families with dignity and love. Through their efforts, our team served 98 children, processing 2,056 clothing items—enough to fill an entire bay of donations. By supporting Note in the Pocket’s mission, we helped ensure that every child has the clothing they need to feel confident and succeed in school.

Our Atlanta team volunteered at Camp Twin Lakes, a nonprofit organization dedicated to providing life-changing camp experiences to children and families living with serious illnesses, disabilities, and life challenges. Through their efforts, our team spread 335 bags of mulch across playgrounds— equating to 6 tons—filled a gaga pit with 50 wheelbarrows of mulch, pulled 40 buckets of weeds, and unloaded 60 wooden benches and porch swings. Their hard work supports Camp Twin Lakes’ mission to offer adaptive and deeply impactful camp experiences year-round.

On the last day of Serve Week, the Orlando team volunteered at 4Roots Farm, contributing 180 man-hours to support their mission of unearthing the power of food to build healthy communities. Associates weeded garden beds and planted crops, helping to sustain their efforts in education, nourishment, and community connection through sustainable agriculture. It was a fulfilling day of teamwork and service. Foundry is proud to support such an impactful cause.

The Jacksonville office closed out the week by coming together to make a difference at The Arc Jacksonville Village, an affordable, apartment-style neighborhood designed to promote independent living for adults with intellectual and developmental differences. Eighteen team members volunteered their time helping to maintain and beautify this incredible community. During the visit, the team focused on outdoor care, weeding, cleaning, and sweeping patios across 121 residential units. Their goal was to create a fresh, welcoming environment for the residents to enjoy, supporting The Arc Jacksonville’s mission of fostering a strong, inclusive community.

ALEXIS LAMBETH, JIM ALLAIRE, AND MARIA LOMBARDI SERVING WITH THE RALEIGH TEAM AT NOTE IN THE POCKET, RALEIGH (MIDDLE)
CAMP TWIN LAKES IN ATLANTA (BOTTOM)

FOUNDRY FOSTERS

A CULTURE OF EMPATHY AND COLLECTIVE RESPONSIBILITY.

ARLENE FERRITER, SERVING AT 4ROOTS FARM IN ORLANDO, FL (TOP)
THE JACKSONVILLE TEAM SERVING ALONGSIDE
THE ARC JACKSONVILLE VILLAGE (BOTTOM)

WHY FOUNDRY?

In the world of commercial real estate, where competition often overshadows collaboration and profits can eclipse people, Foundry Commercial stands as a refreshing anomaly.

From brand-new associates to seasoned professionals who have returned for a second tenure, Foundry’s unique culture, values, and approach to business create an environment where people can truly thrive. But what makes this company so special? Through conversations with several team members throughout the country – some newer to the business and others tenured pros – it has become clear that Foundry isn’t just a place to work; it’s a community where people feel seen, supported, and inspired.

A PERSONALIZED WELCOME

“FOUNDRY IS A TESTAMENT TO HOW YOU CAN CREATE A POWERHOUSE BROKERAGE OPERATION THAT ALSO REALLY CARES ABOUT HOW EACH PERSON IS DOING PERSONALLY.”

The Start of Something Special

For Taylor Clayton, an office tenant rep who joined Foundry’s Charlotte office in June 2024, the decision to make the leap was deeply personal. Coming from a different brokerage shop in Houston, Taylor was struck by Foundry’s genuine interest in him as a person.

“Brian [Brtalik] spent an hour on our first call just learning about my life and career,” he recalls. “Then I met with senior leaders like Paul [Ellis], Gregg [Ickes], and John Ball, who all shared the same belief in Foundry’s culture and values. It gave me confidence that this was the right place for me.”

The personalized approach didn’t stop at the hiring process. Taylor found a team committed to nurturing long-term success, especially for young brokers. The mentorship he receives from colleagues like Brian Brtalik exemplifies Foundry’s dedication to developing talent. “People in the office genuinely care to know about how my family and my pets are doing. They ask about my hobbies. It’s a testament to how you can create a powerhouse brokerage operation that also really cares about how each person is doing personally.”

A RETURN TO ALIGNMENT

Finding Purpose and Passion

While some find their way to Foundry for the first time, others like Alex Gonzalez, now Director of Investments within the D&I platform, are drawn back by its values.

Alex initially joined Foundry after graduating from the University of Florida in 2017. Inspired by the firm’s collaborative ethos and partner-first philosophy, he excelled during his first tenure. However, knowing he wanted to spread his wings and grow in other ways, he left in 2022 to explore new challenges at Hines, managing high-profile deals across the Southeast.

Despite his success there, Alex found himself missing the collaboration and client-centric approach he had experienced at Foundry. “It’s not atypical in this industry to find companies intentionally structured to breed silos and competition,” he explains. “It’s not wrong by any

stretch of the imagination; it’s one of the elements that breeds success in other organizations. But at times it could feel like everything was about profit over partnership and knowing that Foundry could be successful by eliminating silos, well that just better aligns with how passionately I feel about growing the business.”

Reconnecting with Foundry leaders reignited Alex’s passion for its mission. “This is a place where partners openly share insights and resources, and the focus is on doing what’s right for clients, not just maximizing profits.”

Today, Alex leads an 8-person team within Foundry’s D&I platform and is thrilled to help grow Foundry’s business and foster that same culture that drew him back.

BUILDING MEANINGFUL CAREERS

For Liz Craig, Vice President of Retail Services in Nashville, the decision to join Foundry marked a significant career pivot after 20 years at Cushman & Wakefield. Ready for a new challenge, Liz was drawn to Foundry’s collaborative spirit and personal connection. “From the very first meetings I had with them, Carrie [Bobb]’s entrepreneurial approach and Jason [Holwerda]’s support made me realize this was the kind of team I wanted to be part of,” Liz says.

What stood out most during Liz’s transition was Foundry’s authenticity. “The ‘It’s Personal’ philosophy isn’t just a tagline; it’s truly how the company operates. When I was in the early stages of recruitment, Foundry created a tailormade presentation that showed what all of my support and marketing materials could look like. It was easy to feel the genuine warmth of the team. Honestly, I felt valued before I even started.”

Now thriving in her role, Liz appreciates the balance Foundry provides between personal commitments and professional growth. “I can be my authentic self here, and I’m growing my business along true partners who care about me personally and professionally, and that makes all the difference.”

“I CAN BE MY AUTHENTIC SELF HERE, AND I’M GROWING MY BUSINESS ALONG TRUE PARTNERS WHO CARE ABOUT ME PERSONALLY AND PROFESSIONALLY, AND THAT MAKES ALL THE DIFFERENCE.”

VICE PRESIDENT OF RETAIL SERVICES | NASHVILLE, TN
CARRIE BOBB AND LIZ CRAIG WITH NASHVILLE RETAIL SERVICES

A LEAP OF FAITH

Embracing Growth and Grit

Mark Holoman, a Charlotte-based Managing Director and Deal Principal in Foundry’s D&I platform, exemplifies the company’s commitment to fostering personal and professional growth. With a career spanning corporate real estate, banking, and development, Mark’s journey reflects the power of meaningful relationships and a steadfast belief in seizing opportunities.

Mark’s professional path has been marked by continuous evolution. Always one to seek a challenge, he has intentionally honed his skills over the years while expanding his perspective, often stepping into roles beyond what he had envisioned for himself. Each challenge demanded courage but yielded immense personal and professional growth, shaping him as a leader and individual.

After leaving Foundry to explore other growth opportunities, Mark found himself drawn back to the company, motivated by genuine, enduring relationships built upon trust. The Foundry Mark has returned to had also grown up quite a bit since its early days. He describes Foundry today as a profitable, battle-tested enterprise, one for which he admired the company’s evolution and momentum, seeing it as an opportunity to contribute to its next phase of growth. He also notes that Foundry is perfectly positioned for the market’s demands. He’s inspired by the company’s potential to

“THERE ARE VERY FEW EGOS HERE. IT’S A PLACE WHERE IDEAS THRIVE, AND THE WORK FEELS MEANINGFUL.”
MARK HOLOMAN MANAGING DIRECTOR AND DEAL PRINCIPAL, D&I PLATFORM | CHARLOTTE, NC

broaden its impact beyond office real estate and into new product dynamics, offering him a chance to explore uncharted territories alongside a team he trusts.

But beyond growth potential, Mark cites Foundry’s self-aware leadership, entrepreneurial spirit, and collaborative culture as reasons the company is set apart from others in the industry. “There are very few egos here,” he shares. “It’s a place where ideas thrive, and the work feels meaningful.” This culture, rooted in genuine feedback and teamwork, inspires Mark to tackle challenges and mentor the next generation of talent.

Mark’s decision to return to Foundry was about leaving comfort behind to pursue greatness. Whether building an industrial portfolio or guiding emerging leaders, he embraces challenges with grit and determination. “Rejection or setback can often be the rocket fuel you need in our industry,” he says. Mark’s journey back to Foundry embodies his belief in the power of growth, perseverance, and meaningful work. With Foundry poised for its next chapter, Mark is excited about how he can personally contribute to its success, fueled by his commitment to excellence.

FINDING THE SPARK

After 12 years at JLL and nearly a decade prior with smaller development companies, Mark Lindenbaum brought a wealth of experience to Foundry Commercial, when he joined the Atlanta office in early 2024. Having worked across various verticals within the commercial real estate industry, he was at a career crossroads. The evolving market dynamics and shifting ways in which developers respond to how space is used prompted him to explore new opportunities. Foundry’s culture of innovation and startuplike energy stood out, reigniting his passion for creativity and collaboration.

“It became apparent there was a spark here,” Mark shared, adding that the transparency and inclusivity of the team were unlike anything he had experienced elsewhere.

MARK LINDENBAUM AND ATLANTA MARKET LEADER, LAWRENCE “LG” GELLERSTEDT, IV

Mark noted that Foundry’s collaborative environment fosters creativity and delivers better outcomes for clients. “You lose that sense of creativity in companies where people operate in silos,” he explained. At Foundry, he has worked seamlessly with colleagues across various business lines, including Development & Investments and Maxis Advisors. Clients, too, have noticed the difference in Foundry’s approach, appreciating the nimbleness and efficiency that stems from its transparent and inclusive culture. For Mark, this alignment of business strategy and collaboration has reinforced his belief that Foundry is where he is meant to be.

At Foundry, Mark has leaned into opportunities to align his expertise in development and redevelopment with Foundry’s Southeast-focused strategy. By working closely with colleagues across the platform, he has embraced the chance to connect clients with the right resources and teams. His involvement with initiatives like the client-centric Tortuga event exemplifies the firm’s culture of fostering meaningful relationships and showcasing the collaborative spirit that sets Foundry apart. For Mark, joining Foundry was not just a career move; it was the right fit at the right time.

“FOUNDRY’S COLLABORATIVE ENVIRONMENT FOSTERS CREATIVITY AND DELIVERS BETTER OUTCOMES FOR CLIENTS.”

BETH LAMBERT, DALLAS-BASED EXECUTIVE VICE PRESIDENT FOR THE INVESTMENT ADVISORY GROUP

A CULTURE OF COLLABORATION & TRUST

The stories of professionals like Beth Lambert, a Dallas-based Executive Vice President who spends a lot of her time supporting Foundry’s IAG platform, highlight the distinct culture that Foundry fosters. For Beth, this move to Foundry Commercial was an especially significant choice. For her, Foundry is not just her next stop, but where she expects to retire. Here, she feels she has found the final place where she can proudly bring her 30+ years of experience and make a lasting mark.

After months of soul-searching and input from trusted peers, Beth joined Foundry seeking alignment between her values and her work environment. “I wanted to be part of a team that prioritizes integrity and client-first decisions over personal gain,” she explains.

Beth found exactly that at Foundry. “If I lift you up, I lift the organization up, which ultimately lifts me up. That’s the spirit here.” The collaborative, collegial environment Beth describes is not just a perk, it’s the foundation of Foundry’s success.

Innovation is another hallmark of Foundry’s approach, as evidenced by its vertically integrated model and the use of tools like Power BI and ClickUp. For associates considering a move to Foundry, this focus on doing things differently has inspired confidence in the company’s future. Whether through new methodologies or strategic expansions, Foundry continues to evolve while staying true to its core values.

WHY IT’S PERSONAL MATTERS

At the heart of Foundry’s culture is the ‘It’s Personal’ philosophy. This ethos resonates deeply with associates, creating a sense of belonging and purpose that transcends traditional workplace dynamics. Whether it’s Taylor appreciating the close-knit relationships in his office, Alex thriving in a partner-first environment, or Liz feeling empowered to bring her authentic self to work, Foundry’s commitment to people is its greatest strength.

Marty Neilon, Senior Vice President at Foundry Commercial’s Dallas office, is a top commercial land broker specializing in land sales, acquisitions, and advisory services across North Texas. After 18 successful years at CBRE, Marty reached a pivotal moment in his career. Despite his achievements, he felt his personal and professional growth had plateaued. Seeking a culture that prioritized authenticity, trust, and meaningful relationships, Marty found his ideal fit at Foundry Commercial.

Unlike the rigid structures often found in large firms, Foundry stood out for its family-style atmosphere. Marty was drawn to its emphasis on personal connections, both with clients and colleagues, which he believes fosters organic, long-term growth. Weekly, thought-provoking communications from leaders like Paul Ellis underscore the company’s growth-oriented mindset and deep sense of purpose. For Marty, Foundry’s integrated approach to development and brokerage has added

a unique layer to his work. “It used to be that I would drive by a site and think ‘this would be an ideal location for XYZ.’ Now, with access to Foundry’s Development & Investments platform, I can instead say ‘this is an ideal site for us’.”

Marty is committed to establishing Foundry as a trusted partner in Dallas – a “first phone call” for developers, capital groups, and landowners. Reflecting on his decision, Marty credits Foundry’s empowering mission: creating a culture where professionals can thrive, contribute meaningfully, and grow both personally and professionally.

Foundry Commercial isn’t just a company, it’s a community where people come to grow, thrive, and make a difference. From the personalized welcome to the enduring mentorship, from the commitment to collaboration to the innovative tools and methodologies, Foundry creates an environment where everyone feels valued.

For those seeking more than just a job, Foundry offers a chance to build a meaningful career with people who genuinely care. Quoting Jim Collins, author of Good to Great, Mark Holoman cites, “Life at its best is about doing meaningful things with people you love.”

And at Foundry Commercial, that’s not just a possibility… it’s a promise.

STEADY HANDS, FULL HEART

Scott Ghent’s legacy at Foundry Commercial is one of unwavering dedication, humility, and an indomitable sense of camaraderie.

For over 17 years, he served as one of the company’s lead building engineers, embodying the best qualities of a leader, mentor, and friend.

Scott Ghent was a cornerstone of Foundry Commercial’s operations, especially in Central Florida. His calm demeanor in high-pressure situations set him apart. Director of Property Management Nancy Hanson recalls an incident in 2012 at the CNL I building when an arc flash caused a fire, damaging the electrical systems and sending tenants home for days. "Scott worked tirelessly—24/7 for three straight days—to get temporary power up with huge generators so tenants could return to work. He never panicked, even when everything seemed to be falling apart,” she shared. That steadiness became his hallmark, inspiring his team and earning the respect of everyone he encountered.

Beyond his technical expertise, Scott’s human touch left an indelible mark. He treated everyone with respect, no matter their role, and made an effort to connect personally with his colleagues. Joe Fernandez, a Real Estate Manager at Wycliffe, who worked alongside Scott for nearly two decades, remembers his humility vividly. “No matter his position, Scott wasn’t afraid to roll up his sleeves. I remember seeing him knee-deep in mud, digging a hole near the Round Building. A busload of kids drove by and yelled, ‘You should have stayed in school!’ Scott just laughed and kept going. The joke was on them, really. He was one of the smartest and most educated guys around. We’re all lucky he knew exactly what he was doing knee-deep in that mud.”

Scott’s career was filled with accomplishments, including earning FMA and SMA certifications from BOMA and being named BOMA’s Building Engineer of the Year. He was a constant learner, staying ahead of technology and regulations, and generously shared his knowledge with others. “Scott believed that if the team grew alongside him, the entire company would thrive,” Nancy said. His mentorship transformed the careers of many.

Joe credits Scott with shaping his professional approach. “He taught me patience and the importance of staying calm in difficult situations. When there was a major power outage or water damage, Scott never got upset. He approached every problem methodically, ensuring we got things running smoothly again.”

Scott also prioritized building trust and camaraderie. Whether working late nights during emergencies or sharing a laugh at a Foundry party, he created an environment where his team felt valued. “We’d hang out after hours, talk about work and life, and truly got to know one

HE WAS A MENTOR, A LEADER, AND A FRIEND WHOSE STEADY PRESENCE CREATED A CULTURE OF RESPECT, TRUST, AND HARD WORK.

another,” Joe reminisced. “That level of trust is priceless. It’s rare to have someone who you know always has your back.”

As much as Scott was a leader in his professional life, he was equally devoted to his family. His two daughters were the lights of his life, and colleagues often heard stories about their milestones. His wife, Christine, traveled frequently for work, so Scott took on a hands-on role in their upbringing. “He loved cooking for his family, and one of the byproducts of that was that he was known to bring fancy lunches to the office the next day,” Nancy laughed, reflecting on how Scott’s personal passions seamlessly blended with his work life.

Scott’s legacy at Foundry Commercial extends far beyond his technical skills and professional accolades. He was a mentor, a leader, and a friend whose steady presence created a culture of respect, trust, and hard work. His approach to life and work serves as a guiding principle for those he mentored and continues to inspire the next generation of engineers at Foundry.

Joe summed it up best: “Bad things happen, but we have to be the calm ones in the room. That’s what Scott taught me. No complaints, no silos; just do what needs to be done. His legacy is one of quiet strength, and we carry it forward every day.”

2002 CNL PROPERTY MANAGEMENT TEAM

Foundry Commercial is built on the ideal of having no silos. From its people to its platform, working as one unit with a growth mindset is always at the forefront. And in the boom that the industrial sector has experienced in recent years, the way Foundry’s D&I and Services business lines work together has given our company an edge.

With this edge, Foundry’s team has found a sweet spot in industrial corridors, areas strategically located and concentrated with industrial and commercial facilities like warehouses, manufacturing plants, and logistics hubs. We interviewed industrial brokers within three Foundry markets to learn what they’re seeing in the corridors, and how they expect these hubs to continue to impact the industry.

CORRIDORS OF OPPORTUNITY

Renowned for its importance but also its complexity, the ‘I-4 Corridor’ that spans from Tampa through Volusia County is where Partner Justin Ruby, SIOR, CCIM, and his team have been focused. Given the state’s rapid growth, I-4 has become a vital distribution hub. And while the Sunshine State has historically relied on Atlanta’s industrial supply chain logistics to provide goods and services, that isn’t the case anymore.

“Today, it’s Florida serving Florida,” said Ruby. “With the growth we’ve experienced – in addition to evolving consumer preferences – the Atlanta-dependent dynamic we used to experience has shifted.”

Ruby went on to explain that in general, corridor growth is due to a snowball-effect that starts with the roadways. As roadways see improvements that allow for more efficient movement of goods, residential developments naturally follow. And when people show up, so does retail and – as a result – a demand for industrial facilities to supply that retail. This creates the perfect equation for industrial corridors to thrive.

The I-4 Corridor faces a challenge: a population boom and rising demand for faster, local goods delivery have increased the need for regional distribution, but the corridor's width hasn’t changed in 50 years. The demand for expansion exists, but there is a lack of funding and infrastructure. One more added challenge is the oversupply of industrial space that was built during the boom of the pandemic. PostCOVID demand has recalibrated, and leasing activity has slowed over the last 6-7 quarters, leaving a remaining oversupply.

Rents and vacancies in Central Florida’s industrial market are healthier than they might initially appear, once the impact of oversupply is filtered out. This nuanced understanding underscores the importance of localized expertise, a principle Foundry embraces by ensuring its Development & Investment (D&I) and Services teams collaborate across the platform.

Foundry only develops in markets where they have brokerage teams, thus ensuring we have on-the-ground data and insight. While national statistics include a lot of noise, the Foundry team can filter data to understand the true market dynamics. Ultimately, the industrial market in Central Florida is in a good spot, and Foundry’s local expertise and data-driven decisions have helped the team to close $700 million in deals.

These successes are concentrated along key industrial corridors, which serve as critical arteries for the movement of goods and services. By focusing on these strategically important areas, Foundry ensures its developments not only meet current market demands but also align with long-term growth in Central Florida.

I-85 IS A CLEAR EXAMPLE THAT DESPITE CHALLENGES, THE INDUSTRIAL SECTOR IN THE CAROLINAS HAS REMAINED

Based in Charlotte, Managing Director & Partner Warren Snowdon, SIOR, has seen similar trends in the Carolinas. Snowdon has been watching the Southeast industrial market, specifically the 666-mile I-85 Corridor. “AtWash,” as it is sometimes called (since it spans from Atlanta to Washington), includes key markets that are in Snowdon’s focus area, from Greenville, South Carolina to Greensboro, North Carolina.

Like Ruby in Florida, Snowdon has seen a temporary oversupply in certain larger-sized buildings in some areas following the pandemic. In this region, it remains expensive to build smaller (<10,000 square feet) buildings, and sites for industrial buildings needing large, flat terrains have faced constraints like significant site improvement costs because of challenging topographical and hydrology issues. But even with these challenges, the industrial sector continues to be strong, and the I-85 Corridor has seen some major surges.

“There has been significant development along I-85 in recent years,” said Snowdon. “We’ve seen a growing demand for manufacturing facilities, buildings to purchase, and heavy power sites for data centers, as it’s becoming known as the Battery Belt. The ability to secure significant utility services within close proximity to population centers will impact the value of future land transactions.”

This surge is expected to continue, as manufacturing and industrial use is shifting back to population centers along I-85. Specifically within the Greensville to Greensboro stretch, Snowdon pointed out that concentrated access and population has made I-85 the preferred corridor.

“Compared to I-77, there’s been significant interest in I-85,” he said. “End users as well as manufacturing firms have seen the interest but remained in the discovery phase due to election-related uncertainty. That’s changed in 2025.”

Using the same on-the-ground strategy that’s proven successful for Foundry’s integrated platform, the Charlotte industrial team has found that focusing on 50,000 – 100,000 square-foot users in infill locations to drive rental rates and maximize value has been key.

Trends also show that new deliveries are expected to decrease from 11.5 million square feet this year to approximately 4.7 million square feet next year, and while at one time it seemed this was a necessary recalibration, Snowdon is projecting that demand along I-85 is strong enough that it’s possible space may run out in the next 2-3 years.

I-85 is a clear example that despite challenges, the industrial sector in the Carolinas has remained resilient.

And it serves as a reminder that industrial corridors have become increasingly important for commerce across the U.S., as demand has changed and grown.

WARREN SNOWDON | CLT

TEXAS IS PRIMED FOR INDUSTRIAL GROWTH

RANDY BLANKENSHIP | DAL

“Texas is primed for industrial growth,” said Vice President Randy Blankenship in Dallas. “The ‘Golden Triangle,’ which includes Dallas/Ft. Worth, Houston, and San Antonio?/Austin, is forming as a strategic area for population density and industrial activity.”

This megaregion of Texas, set to generate over 1.5 million new jobs and exceed $1 trillion in GDP by 2030, sits centrally located for distribution with access to three major highways (I-35, I-45, and I-10), and major infrastructure assets such as 26 commercial airports, 19 seaports, and 34 Foreign Trade Zones. The state has invested in forward-thinking development strategies that draw companies to Texas, rather than pushing them away. Big players ranging from Fortune 500 companies to large manufacturers are drawn to Texas for large-scale operations, especially due to the state’s central location, business-friendly policies, access to skilled labor, and nearby top-ranked universities.

“We are seeing trends of third-party logistics providers playing a huge role in the market,” added Blankenship. “And investments in onshoring and nearshoring are fueling activity in the border towns as well within these urban areas and along the corridors that connect them.”

Land availability in Texas urban cores has become a challenge, due to demand increasing so rapidly. Some prime sites have been mostly developed, leaving smaller, irregularly shaped parcels that are more difficult to utilize. One way Foundry’s D&I team has shown success in overcoming this issue is through their officedemo-to-industrial conversions strategy; by demolishing vacant office spaces, the team is able to successfully build industrial facilities on otherwise obsolete office parcels.

A high demand for data centers is also creating supply crunches, much like what is happening in the Carolinas. And similar to both the Carolinas and Florida, oversupply is a factor impacting vacancies. But overall, the market remains strong.

The Future Is Caring

Building Communities for Life’s Next Chapter

Over the past several years, Foundry Commercial has sharpened its focus on one of the most dynamic sectors in commercial real estate: senior living. What started as a meaningful foothold has quickly evolved into a national platform that is driving growth and innovation across multiple states.

The merger of Spring Arbor Management and Allegro Management last year was a defining moment, creating Allegro Living, a premier senior living management company with reach across 14 states. Since then, momentum has only accelerated. Most recently, Allegro Living announced the addition of RoseWood Village Assisted Living and Memory Care communities in Charlottesville, Virginia. The expansion brings Allegro Living’s footprint to 54 communities, encompassing more than 5,800 units nationwide.

“Foundry Commercial continues to invest in high-quality, well-positioned assets in the markets we know best,” said Kevin Maddron, Foundry’s President of Healthcare Services.

“With each acquisition and partnership, we’re not just adding properties—we’re building a best-in-class platform that makes a lasting difference for residents and their families.”

Beyond management and operations, Foundry’s Development & Investments (D&I) platform has increased exposure to the senior living asset class, underscoring its long-term belief in the sector’s growth and stability. This combination – investing in communities while also managing and operating them – positions Foundry as a front-runner in shaping the future of senior housing.

With partnerships extending from Virginia to the Pacific Northwest, and with a growing pipeline of owned and managed communities, Foundry Commercial has established itself as a force in senior living. For associates across the company, it’s another example of how Foundry identifies opportunity, builds scale, and sets the standard in sectors poised for long-term demand.

Foundry-Owned Senior Living Operators

ALLEGRO LIVING

68 ASSETS IN 15 STATES WITH 5,559 UNITS

FOUNDRY/CASCADIA SENIOR LIVING

15 ASSETS IN 3 STATES WITH 975 UNITS

IN TOTAL

83 ASSETS IN 18 STATES WITH 6,534 UNITS

BUILDING WITH PURPOSE

Real estate development has the potential to be much more than just constructing buildings; it’s an opportunity to shape our communities. This responsibility fuels Foundry’s mission to integrate purpose into our projects, leveraging our expertise to create meaningful opportunities and positive change in the places we live, work, and serve. Through partnerships and a focus on long-term impact, Foundry has found a way to do business in a meaningful way, prioritizing doing well while also doing good.

FOUNDRY COMMERCIAL AND THE CARRIE MEEK FOUNDATION

The Carrie Meek Foundation advances the late Congresswoman Carrie P. Meek’s vision for civically engaged, well-resourced, and resilient communities. It helps improve the lives of residents in Miami-Dade County and the larger South Florida community through access to education, safe and affordable housing, quality health care, and economic opportunity. Thanks to its relationship with Foundry, the Foundation has been able to expand its reach through impactful grantmaking programs and initiatives, creating a win-win public-private partnership.

Today, Pryse Elam continues his involvement by serving on the Foundation’s board and managing its endowment. Reflecting on the journey, he shares, “Witnessing the Foundation’s growth from an emerging nonprofit to an organization expanding its mission beyond South Florida has been the opportunity of a lifetime. It’s deeply rewarding to see the meaningful changes this partnership brings to the communities it serves.”

IT'S DEEPLY REWARDING TO SEE THE MEANINGFUL CHANGES THIS PARTNERSHIP BRINGS TO THE COMMUNITIES IT SERVES.
PRYSE ELAM PRESIDENT OF DEVELOPMENT & INVESTMENTS
LUCIA DAVIS-RAIFORD, PRESIDENT AND CEO OF THE CARRIE MEEK FOUNDATION, AND PRYSE ELAM

PRESERVING HISTORY AND BUILDING OPPORTUNITY IN CHARLOTTE

When the Charlotte Douglas International Airport issued a public request for proposals for a highly desirable 80-acre industrial site in the submarket, Foundry Commercial’s commitment to community stood out. The site included the historic Steele Creek Presbyterian Church sanctuary and adjacent Civil War-era cemetery. Recognizing the cultural significance of these landmarks, Foundry knew that whatever development was proposed for the site would need to preserve those important historical landmarks. That’s why the company has been diligent about collaborating with the North Carolina Historic Preservation Office and the Historic Landmarks Commission to ensure both the sanctuary and the cemetery are maintained.

In an innovative move, Foundry saw a way to ‘do well by doing good,’ donating the sanctuary to She Built This City, a minority-led nonprofit that trains women of color for careers in construction. Along with the donation, Foundry contributed $50,000 in seed

funding and provided office space to help the organization expand its reach. Jenae Valentine, a board member of She Built This City and part of Maxis Advisors, has played a pivotal role in supporting the nonprofit’s mission and strengthening its impact in the community.

For the Steele Creek project, Runway Logistics, Foundry has again partnered with The Carrie Meek Foundation – this time to extend its mission into Charlotte, addressing local needs in job training and education. Through these efforts, Foundry is not only preserving a piece of history but is also creating opportunities for economic empowerment. This project exemplifies how thoughtful development can serve the dual purpose of honoring the past while building a brighter future.

RENDERING OF RUNWAY LOGISTICS

A LIFETIME OF SERVICE: MARK MEYER’S IMPACT ON CENTRAL FLORIDA’S NONPROFITS

For over four decades, Mark Meyer, Foundry Commercial’s Director of Project Management, has devoted his career to advancing nonprofit real estate development in Central Florida. His unwavering commitment has transformed organizations like the YMCA, the Coalition for the Homeless, Campus Crusade for Christ, First Orlando, the Geneva School, Second Harvest Food Bank, Wycliffe Bible Translators, and 4Roots, profoundly benefiting the communities they serve.

One of Mark’s most impactful projects is the $50-million New Center for Women & Families on the campus of the Coalition for the Homeless of Central Florida. With homelessness in the region increasing by 105% in the past year, this center addresses the critical need for shelter and services, particularly for vulnerable women and children. Foundry Commercial has provided comprehensive support, including project management, real estate transactions, and strategies for funding and approvals.

In addition, Mark has played a key role in advancing the mission of 4Roots, supporting efforts to cultivate a more sustainable local food system and address food insecurity across Central Florida. His advocacy has extended beyond the project itself, including Foundry Orlando’s volunteer efforts at the 4Roots Farm during Serve Week.” This should still have the following paragraph below it, which now also

has a 4Roots reference: “Working on projects like the New Center for Women & Families and 4Roots underscores how we can prioritize doing good while delivering exceptional results for our clients,” says Mark. “It’s a privilege to contribute to initiatives that truly make a difference.”

“Working on projects like the New Center for Women & Families underscores how we can prioritize doing good while delivering exceptional results for our clients,” says Mark. “It’s a privilege to contribute to initiatives that truly make a difference.”

MARK MEYER HIGHLIGHTS THE 4ROOTS FARM DESIGN, SYMBOLIZING HIS COMMITMENT TO CREATING LASTING IMPACT THROUGH PURPOSEDRIVEN PROJECTS.

RENDERING OF THE NEW CENTER FOR WOMEN & FAMILIES ON THE CAMPUS OF THE COALITION FOR THE HOMELESS OF CENTRAL FLORIDA.

PURPOSE AT THE HEART OF OUR BUSINESS

These examples highlight Foundry Commercial’s dedication to aligning our expertise with community betterment. From fostering job training and preserving history to supporting critical nonprofit initiatives, our projects demonstrate that real estate can be a powerful force for good.

At Foundry, we build more than structures; we build lasting connections and opportunities. By balancing purpose with our core focus, we reinforce our commitment to creating a positive impact in every community we touch.

OFFICE OPPORTUNITY

It’s no secret that the office market has seen its share of fluctuations since the COVID-19 pandemic. While some narratives have painted the sector in a dark light, Foundry tends to view the segment as far from one-dimensional. With a platform that combines both a large office operating platform across the Southeast with a sophisticated investment and development platform, Foundry looks at the segment from all sides. And from our perspective, the office sector holds opportunity.

OFFICE + CONVERSION CREATIVITY

One of the main ways the Foundry’s D&I team has found creative success with office properties that aren’t being utilized to their full potential, is through office-demo-toindustrial conversions. So far, Foundry has seen 13 of these conversions, with more coming down the pipeline.

Texas, in particular, has been a hot spot for office-to-industrial. Horizon Landing, a previously 287,000-square-foot vacant office building just outside of Dallas in Irving, Texas, was the first office-demoto-industrial conversion completed by the Foundry team. Beyond just being the first, Horizon Landing has been a standout example of an industrial conversion for multiple reasons. Challenges can often arise with conversions, like zoning and rezoning, as well as potential push-back from surrounding residents. But with its proximity to the DFW airport, Horizon Landing didn’t face any of these issues,

positioning it as a prime real estate conversion opportunity. The conversion to 336,000 square feet of Class-A industrial warehouses was completed in April of this year, and two out of three buildings have already leased.

Down the road in Plano, Texas, a 250,000-square-foot 1983 vintage office building was demolished to be converted into two Class-A industrial warehouses totaling 323,000 square feet. Despite tenant demand, warehouse supply has been scarce in Plano; the project will be completed in December of this year, helping fill this gap. And back in Irving, the Foundry team began demolition in September on 45,000 square feet of vintage 1981 office space to build 118,000 square feet of Class-A industrial, at 4250 Belt Line.

Texas conversions are set to remain strong heading into 2026. In the first quarter alone, several major projects will move forward. Ridgepoint in Dallas will close, with demolition beginning on 36,000 square feet of office space to make way for 100,000 square feet of industrial. Villa Creek, a 140,000-square-foot office property in the DFW MSA slated for conversion into 125,000 square feet

was completed earlier this year – ahead of schedule and under budget. And a manufacturing tenant has already signed on to take 75,000 square feet.

“Conversions continue to be a popular strategy for us,” said Partner Jim Traynor, based in Foundry’s Dallas office. “They create access to more highly desirable infill locations.”

Foundry’s Development & Investments (D&I) team has also recently developed a focus on shallow-bay industrial – properties designed to service businesses, light

The slab has been poured on the first building, with the other two buildings slated to be finished in 2026.

What makes this property particularly unique is that it will hold 12 spec offices throughout the three buildings on the property, an approach Foundry hasn’t taken before.

“Two Palms shows not only how needed shallow-bay is, but also how desirable it is to tenants to have spec offices built in,” said Partner David Kern. “These are trends we are continually seeing.”

Spec office has become a defining feature of today’s industrial

Class-A industrial.

Texas doesn’t stand alone though. Foundry’s second conversion project took place in South Florida, proving this strategy successful across the whole platform. Prior to demolition, Egret Point held a 126,000-square-foot medical office building, which has now been converted to 457,000 square feet of Class-A industrial. The shell for Egret Point

manufacturers, and specialty distributors that support the local community within a few miles. And in Florida, the team is seeing success at Two Palms, a conversion project that will create more shallow-bay infill in East Tampa. When the project is completed, these 20 acres will hold 263,000 square feet of shallowbay industrial space.

HORIZON LANDING, INDUSTRIAL CONVERSION OF THE PREVIOUSLY 287,000-SQUARE-FOOT OFFICE BUILDING

developments. Of the last 25 Foundry industrial leases signed or in negotiation, 20 included spec office suites, and the remaining five already have plans or permits underway to build them. This overwhelming demand underscores a clear trend: far from being obsolete, office space remains a vital and highly desirable component within industrial assets—even in a post-pandemic market.

A NEW STRATEGY ON OFFICE

Just a year ago, the idea of buying any kind of office building might have seemed far-fetched. Yet today, Foundry sees a clear opportunity. “Office is experiencing a historic repricing,” said Managing Director Mark Holoman. “The asset values are readjusting at a rate we haven’t seen in a long time.”

With prices creating a unique entry point, Foundry is now seeking to acquire well-located properties at a time when the office market is entering a recovery phase. The approach is to inject new capital and reposition office assets in the market, leasing them up as a traditional office play. This approach is a natural extension of the “Foundry Advantage,” in which Services and D&I teams work hand-in-hand. Brokers on the Services

OFFICE IS EXPERIENCING

REPRICING A HISTORIC

side help to quickly screen and identify opportunities, while the D&I team brings the capital and execution expertise to acquire them as traditional office. In markets that are seeing leasing activity and Foundry has a presence, the depth of experience plus capital relationships will be key to unlocking new deals.

“Foundry has a strong track record in the office sector across all of our markets,” said Holoman. “It’s a strategy we’re excited to re-enter as we are seeing signs of a full-blown recovery in office. Repurposing and conversions to industrial remain critical strategies, but we are now watching the Class-A winners and paying close attention to hotspots of tenant demand.”

TENANT DEMAND FOR OFFICE

Charlotte is one of the cities experiencing improved tenant demand in the office sector. Partner Meredith Ball cites a recent surge in larger deals, a welcome return since the slowdown stemming from COVID. Ball is seeing a flight to high-quality buildings and well-amenitized locations.

“Office tenants seem to have much more certainty around their needs and are generally focused on their employees being in the office,” she said. “They go wherever will be the best fit for their team and recruitment.”

Partner, Gabe De Jesus echoed similar sentiments about Orlando; he says that return-to-office is in full

GABE DE JESUS PARTNER, TENANT REP | ORLANDO, FL

FULCRUM BUILDING IN DOWNTOWN ORLANDO

OFFICE TENANTS ARE INCREASINGLY DRAWN TO SPEC SUITES

BALL PARTNER, OFFICE AGENCY LEASING | CHARLOTTE, NC

swing, and where tenants end up is all about quality of both talent and physical space. “We’re not really seeing tenants move from suburb to suburb,” he said. “We’re seeing them move from suburbs to downtown.”

De Jesus specifically cited Temenos, a tech company, that recently moved from 4,000 square feet in the suburb of Lake Mary, to 23,000 square feet in the Fulcrum building in downtown Orlando. They made the move for better reach to talent in a building that increases their efficiency.

“We just saw a law firm renew 120,000 square feet in the CBD [central business district] in Charlotte,” added Ball.

She noted that, beyond talent, Class-A quality, and accessibility, office tenants are increasingly drawn to spec suites, a

trend the D&I team has also been seeing, as mentioned earlier. While convenience and quality remain top priorities for today’s occupiers, the office sector is definitely experiencing a resurgence, with demand beginning to rebound even in central business districts.

Whether through conversions, repositioning, or anticipating tenant needs in traditional leasing, Foundry Commercial’s advantage in the office sector lies in its ability to think creatively and deliver solutions that align with the evolving market.

Working together as one platform, Foundry Commercial has proven that office means one thing in today’s CRE landscape: opportunity.

HISTORIC SAVONA MILL OFFERS UNIQUE OPPORTUNITIES FOR OFFICE USERS IN CHARLOTTE’S WEST END

FOUNDRY PROVIDES OFFICE LEASING SERVICES AT BIRKDALE POINT IN HUNTERSVILLE, NC

MEREDITH

culture cul ture culture cul ture culture

01 PARADISE PERFECTION

Emily Alonso from the Boca Raton office, got engaged to fiancé, Connor Knauser, in Aruba last fall. Congratulations to Emily & Connor!

02 A HAPPY NEW YEAR

David Blount from the Miami office, and wife, Laura, welcomed their first baby girl, Victoria, in January 2025.

03 FROM ITALY, WITH LOVE

Victor Rodriguez, from the Coral Gables office, and Victoria Milatovic got married last May in Ravello, Italy.

04 MINI ME

Emily Petrillo from the Charlotte office, and husband, Bobby, welcomed their baby boy, Graham Joseph, into the world on July 16, 2024.

05 BABY BLISS

Scott McKinney from the Nashville office, and wife Jessica, welcomed their first child, Marlow Jane McKinney, on March 3, 2025.

06 FROM MISS TO MRS.

Katie Henry, from the Boca Raton office, got married on March 22, 2025.

07 FOREVER LOVE

Olivia Griffin from the Charlotte office got engaged to fiancé, Evan, on April 27, 2025.

08 LITTLE LOVE

From the Nashville office, Shelby Hall and wife, Lindsey, enjoy being parents to their son George.

Emily Goodpasture, from our Charlotte office, and James Richmond got married on August 30th in Charlottesville, Virgina.

Deon Carter from the Orlando office and wife, Sajada Carter, had their firstborn son Truce Carter, on February 27, 2025.

WEDDING

Chelsea Graham from the Orlando office got engaged to her fiancé, Starling, at the DC War Memorial in February 2025.

Eliza Gordon, from the Charlotte office, and husband, Daniel, welcomed their baby boy, Mason Abraham, into the world on April 11th, 2025.

WELCOMING

Miguel Rojas from the Orlando office, and wife, Joan Galaviz Rojas, welcomed their firstborn son, Haidyn Rojas, on March 17, 2025.

Frances Rebollo, from our Charlotte office, and Walter Romero got married on May 22nd, 2025.

Rayanne Charles from the Orlando office, got engaged to her fiancé, Kia, on a leisurely strong along the beach in Jekyll Island.

WELCOMING

Kevin Will from the Orlando office and wife, Emily, welcomed their firstborn, Cornelia "Corrie" on May 26, 2025.

culture cul ture culture cul ture culture

Jerod Freeland from the Orlando office and his wife, Laura, joyfully welcomed their son, Julien Charles Freeland, through adoption last September.

Brenna Hubbard from the Orlando office, and husband, Charlie, welcomed their second child, Scotty Hubbard, on May 3, 2025.

Kara Tanneberger from the Charlotte office and husband, Andrew, welcomed twins, Hallie June and Hayes Gregory on August 24, 2025.

Victor Rodriguez from the Coral Gables office, and wife, Victoria, welcomed their first child, Levy Andres Rodriguez, in July of 2025.

Morgan MacKenzie, from the Charlotte office, and Taylor Salzman got married on April 20th in Grand Cayman.

Heather Peebles from the Orlando office got engaged to her fiancé, Blake Osting, along the Oregon Coast in August 2025.

culture cul ture culture cul ture culture

THE IRON CHEFS

The South Florida property Management team had a blast at the "Iron Chef" team-building event!

SIX-ON-SIX VOLLEYBALL CLASSIC

Serving up something good for charity! The Charlotte team enjoyed the friendly competition at the annual Six-on-Six Volleyball Classic, raising funds for UrbanPromise Charlotte.

03

SIMPLY IOA CORPORATE 5K

Foundry associates laced up their sneakers and hit the pavement at the Simply IOA Corporate 5K in Orlando. They have proved that when it comes to running, the Foundry team is always one step ahead.

NAIOP NASHVILLE GOLF TOURNAMENT

Another fantastic year at the NAIOP Nashville Golf Tournament! Whether playing or volunteering, the Foundry team had a blast.

05 WELLNESS WEEK

From açaí bowls and yoga flows to financial tips and fitness challenges, Foundry associates embraced a full week of mind, body, and balance.

06 CHRISTMAS IN JULY!

Christmas in July! The Orlando lease administration team sleighed it with an epic holiday-themed brunch for all the Orlando associates.

07 LET THE GAMES BEGIN!

Likewise, the Charlotte office had an absolute blast when teams went head-to-head in some silly ‘Minute to Win It’ games.

08 ELEVATION SCHOLARS PROGRAM

These rising high school seniors learned about the various career paths available in commercial real estate, including property management, development, brokerage, and marketing.

The Tampa office recently had a special visit from Annabelle, who partners with Redefining Refuge. Thanks to Katie Trott’s coordination, associates painted their hands blue to support Human Trafficking Awareness. The blue butterfly logo inspired the team to create butterfly wings with their hands.

VOLUNTEER TIME OFF

Whether it's mentoring, community clean-ups, or helping a local animal shelter, it's humbling to see how our teams choose to give back.

HONORARY FOUNDRY TEAM MEMBERS

Associates in the Charlotte office submitted adorable pictures of their furry friends, and everyone enjoyed guessing who each pet belonged to. "Boomer" took home the title of Cutest Pet!

The annual Tailgate Thursday across all Foundry offices was a touchdown success, with everyone showing off their team spirit!

ME OUT TO THE BALLGAME

Last Spring, the Raleigh crew enjoyed a fun family outing at the Durham Bulls game!

2024 INDUSTRIAL INFLUENCERS

The Nashville Industrial team, led by Melissa Alexander, SIOR and Casey Flannery, CCIM, was honored among the GlobeSt.com’s Industrial Influencers.

DEVELOPER OF THE YEAR

Foundry was honored to be named the 2024 Developer of the Year by the South Florida Business Journal! Leading up to the nomination, the South Florida team completed 2.66M+ square feet of space.

CONNECT CONFERENCE

Foundry's senior living platform recently held its second annual leadership conference, Connect. It is so inspiring to be a part of the professional development of industry leaders who are dedicated to the care, well-being, and enrichment of seniors across the country.

09

The amazing client reporting team in Orlando started the day off right by hosting a special breakfast to celebrate positive vibes and appreciation!

RALEIGH VILLAGE REFRESH FEST

Foundry's Consumer Marketing team organized an amazing event to celebrate the center's transformation. NASHVILLE ROAD SHOW WITH

Justin Ruby from the Orlando office traveled to Nashville to share his expertise in building strong relationships and elevating sales techniques.

TRICK OR TREAT WITH A SIDE OF FALL FEVER

Boo-lieve it or not, the Foundry offices certainly know how to celebrate spooky season! 12 TASTE OF THE NATIONS

BISNOW'S FUTURE OF CHARLOTTE OFFICE

Karah Tanneberger shared insights into how evolving tenant needs, technology, and community-driven spaces are shaping the future.

HELPING HEROES

Associates from the Tampa office were proud to support the 'Clays for Heroes' event supporting Stairway for Heroes, a veteranfounded organization dedicated to helping Tampa Bay veterans.

The Orlando office marked the occasion with a cozy pop-up event full of PSLs and pumpkininspired treats.

THROWBACK

Totally tubular breakfast vibes at the office! The marketing team threw it back to the 80s with their delicious waffle bar set up.

MARKETING

Foundry’s Marketing team brought home 12 awards in the 2025 Graphic Design USA (GDUSA) In-House Design Awards. Based on the number of wins, Foundry ranked in the top five companies nationwide. Congrats, team!

From Puerto Rico to Vietnam, the annual Taste of Nations potluck brought flavors from around the world to Foundry's communal table!

THANKFUL SEASON

Foundry teams celebrated the season with Thanksgiving and Friendsgiving feasts, sharing food, laughter, and gratitude. The Dallas office even fried a turkey!

The accounting team stepped away from spreadsheets for a team-building photo scavenger hunt at Universal CityWalk.

Foundry is proud to celebrate Katie Trott, who was named a Tampa Bay Business Journal 2025 BusinessWoman of the Year honoree.

Engage Women’s Summit took place in Orlando, where a small group of women representing different parts of our platform came together to connect, reflect, and grow.

Foundry associates across the platform made the most of the cozy holiday season. It was great to slow down and take a moment to celebrate all that had been achieved during the year!

PROVIDER

Partner Jim Hayden was named the 2025 Service Provider of the Year by the Carolinas Chapter of CoreNet Global.

Jonathan Balthrop from the Boca Raton office joined a panel at the FSU-Kislak Market Strategies Forum to discuss innovative ways to repurpose office spaces.

Congratulations to Jade Simmons on earning American Advertising Federation's Addy Awards for the Tortuga 2024 Atlanta broker event.

The Carolinas retail teams were out in full force at the 2025 ICSC Carolinas, proving once again that relationships drive real estate.

Ally Lanahan was named an honoree of Nashville Business Journal's 2025 Women of Influence. As part of Foundry's Investment Advisory Group, Ally is dedicated to advocating for and serving clients well through every stage of a deal.

The Nashville industrial team hosted an exclusive happy hour at the new office, complete with a build-your-own bouquet cart.

Huge congrats to Ally Bogaczyk for winning Most Creative Local Marketing Campaign at this year’s Triangle CREW Champion Awards.

YEARS OF HARD WORK

A special milestone was recently celebrated at Foundry. Congratulations to building engineer Robert Lopez for 25 years of dedicated service!

Students from the Florida State University Real Estate Society recently toured the industrial buildings at Princeton Oaks in Orlando.

If you’re lucky, family extends beyond your spouse and children. I have found that extended family here at Foundry, a faith-based culture, focused on personal growth and service to others.

With these ingredients, you can’t lose.

Orlando Office

Check out more stories like Moses’s on our company Instagram page.

@foundrycommercial

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