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Industrial Portfolio in Tampa Acquired by Basis for $33M

Industrial Portfolio in Tampa Acquired by Basis for $33M

Basis Industrial, a privately held and vertically integrated real estate owner and operator based in Boca Raton, FL, recently acquired three properties located in Tampa for $33 million. The portfolio includes Brandywine Business Center at 3801 Corporex Park Drive; Corporex Plaza at 3902 Corporex Park Drive; and Presidents Plaza Business Center at 4801 George Road. Spanning 224,108 square feet on 16.1 acres of land, the acquisition marks Basis’ first assets in Tampa as well as elevates their total multi-tenant industrial and mixed-use commercial real estate holdings to over 2 million square feet since its launch back January 2022.

Anthony Scavo served as COO & President of Basis Industrial during the transaction while Marcus & Millichap represented the seller’s interests with JLL sourcing debt financing for the purchase price which was estimated to be over $35 million due to additional investments planned by Basis into these new properties.

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