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Florida & Gulf Coast  + Gulf Coast  + Industrial  | 
Basis Industrial Acquires Tampa Portfolio for $33 Million

Basis Industrial Acquires Tampa Portfolio for $33M

Basis Industrial, a privately held and vertically integrated real estate owner and operator based in Boca Raton, FL, purchased Brandywine Business Center at 3801 Corporex Park Drive, Tampa, FL, 33619; Corporex Plaza at 3902 Corporex Park Drive, Tampa, 33619; and Presidents Plaza Business Center at 4801 George Road, Tampa, 33634 on April 28. The purchase price was $33 million. The total acquisition cost was over $35 million, as Basis plans to invest heavily in the property.

The properties, totaling 224,108 square feet on 16.1 acres, are Basis’ first assets in Tampa. This acquisition elevates Basis to owning and managing more than 2 million square feet of multi-tenant industrial and mixed-use commercial real estate. Basis has been acquiring this asset class since its launch in January 2022.

Anthony Scavo, COO and president of Basis Industrial, represented Basis in the transaction; Marcus & Millichap represented the seller. JLL sourced debt for the transaction.

Read More News Stories About: JLL, Marcus & Millichap
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About Angela Noote

Angela Noote is a native of Northern California and graduated from Chico State with a degree in public relations. After college she moved to the Central Coast and worked first in ad sales then in editorial, eventually spending more than a decade as a print reporter and editor. She detoured into design work at a printer/publisher, and with a partner eventually opened a boutique full-service marketing agency. Moving into corporate communications, she built and managed several successful marketing teams in the hospitality, financial services, and nonprofit industries. Most recently she was an internal comms manager in the tech sector. After a long stint spent in Georgia (Go Dawgs), she moved to Baton Rouge, LA and has written for clients in the financial, luxury imports, higher ed, commercial cleaning, and medical equipment industries. Her son is a media arts major at the University of South Carolina, and her husband owns a comedy theater in Baton Rouge, where you can often find Angi teaching improv classes, leading corporate training events, or doing an occasional stand up set.