Basis Industrial Completes Another Multi-Tenanted Industrial Acquisition in South Florida
Summary
The newly acquired asset totals 100,000 square feet of existing retail and industrial tenancy.The latest acquisition closed Tuesday, March 14, 2023. Following the closing, Basis now owns and manages more than 1.75 million square feet of multi-tenant industrial, retail and mixed-use real estate. "We continue to be extremely interested in South and Central Florida," said Basis Industrial COO & President Anthony Scavo. "In only 12 months since its initial launch, Basis has amassed a vast portfolio of existing multi-tenant industrial and self-storage space and development sites - with a focus on Florida, the Sun Belt & Northeast. In total, the sponsors have developed and managed over 13.5 million square feet of real estate assets, including self-storage, industrial, retail, office and residential.