SOURCE: Foundry Commercial

Foundry Commercial

June 20, 2016 09:55 ET

Foundry Commercial Recruits Industry Veteran Ford Gibson

Commercial Real Estate Veteran Joins Foundry to Lead Its Development and Investment Business as Momentum Grows in South Florida

MIAMI, FL--(Marketwired - June 20, 2016) - Foundry Commercial, the multi-city commercial real estate firm headquartered in Orlando, announces today the addition of 33-year industry veteran Ford Gibson to its expanding South Florida team. Gibson will lead development and investment activity in South Florida in his new role at Foundry Commercial.

Gibson's decades of leadership and real estate experience growing successful commercial real estate companies and developing notable projects in the greater Miami area has made him one of the most renowned real estate professionals in the Southeast. As the former owner of Gibson Realty, a prominent property management company in South Florida, Gibson grew his property management company to include a portfolio of more than 4.1 million square feet of office, industrial and flex space in South Florida. Prior to opening his firm in 2004, Gibson replaced Jeb Bush as president of Codina when Jeb became governor of Florida.

Over the past 33 years, Gibson has worked closely with notable clients such as JP Morgan, Prudential, UBS and Codina, and has managed prominent South Florida properties, including 1111 Brickell Ave., 550 Biltmore and Westside Plaza I-III. Gibson's decision to join Foundry Commercial will allow him to return to a focus on development and investment, a longtime passion for Gibson and an area of rapid growth for Foundry Commercial.

"Ford and I have been friends and sometimes competitors for a long time," said Pryse Elam, president of development & investments and CIO at Foundry Commercial. "We are both really excited about seeing what we can do together at Foundry. I am honored and excited to have Ford as my partner, and am excited to see what we will be able to accomplish together."

The announcement of Gibson's move to Foundry Commercial comes on the heels of Cushman & Wakefield acquiring Gibson Realty, which subsequently provided Gibson the opportunity to branch out from his property management business.

"I was drawn to Foundry Commercial because I wholeheartedly believe in the company and recognize the potential in its future," said Gibson. "Finding a place and a platform that has an overwhelmingly positive impact on its associates, customers, investors and the community is rare, which is why I am very excited to join the Foundry team."

Gibson's first assignment at Foundry Commercial will be leading the development of the Carrie Meek International Business Park which is a 1.7 million square foot, $150 million speculative industrial development adjacent to the Opa Locka airport in Miami Dade County.

The addition of Gibson to the Foundry Commercial team is just one in a series of strategic new hires from the company's South Florida office this year. In February, Foundry Commercial's South Florida team, which is led by Randy Olen, announced the additions of Tim Blair, Ryan Hmielewski and Matt Anderson to support the firm's growing presence in the region.

"Our South Florida team has grown organically over the past five years as we continue to serve a growing base of customers and their needs in this region," said Paul Ellis, CEO of Foundry Commercial. "We are truly grateful that Foundry Commercial is a place where people can thrive professionally and personally. Ford Gibson is a great cultural fit and will provide the capacity for us to serve more customers, partners and investors."

About Foundry Commercial
Foundry Commercial is a full-service real estate services and investment company with 240 employees and more than 40 million square feet of management and leasing across the Southeast and Texas. Foundry provides corporate services, brokerage, leasing, building management 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 $500 million in advantaged investment opportunities in partnership with its clients. Foundry Commercial was founded as CNL Commercial Real Estate in 2007 and launched as Foundry in 2015 through a management led buyout. For more information, visit www.foundrycommercial.com

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