Latest News on Basis

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Basis Industrial Completes $32 Million Orlando Acquisition, Buys Self-Storage Development Site in Melbourne, Florida

Rapidly growing real estate owner and operator picks up another 250,000-plus square feet of well-located, multi-tenant industrial and office space MIAMI, FL – (Dec. 1, 2022) – Basis Industrial, a privately held and vertically integrated real estate owner and operator, continued its flurry of acquisitions with the $32 million purchase... Read more >
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Basis Industrial Closes New Acquisitions in Orlando and St. Petersburg

Basis Industrial, a privately held and vertically integrated real estate owner and operator, just acquired two small-bay warehouse properties in Orlando and St. Petersburg, Florida. The growing firm has numerous additional acquisitions in the pipeline over the next few months. In Orlando, Basis purchased the former Belle Avenue Commerce Center,... Read more >
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Medley Industrial Site Trades For $38M

Looking to capitalize on demand from small warehouse tenants, a Miami-based firm specializing in self-storage facilities is expanding into industrial buildings with its recent $37.5 million purchase in Medley. An affiliate of Basis Industrial, formerly known as Miami City Self-Storage, bought Megacenter Palmetto, an 180,000-square-foot mixed-use site at 8600 Northwest South... Read more >
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MCSS Rebrands

MCSS Development & Investment LLC, which has previously specialized in self-storage acquisitions and development, has changed its name to Basis Industrial. The rebranding coincides with a broadening of its real estate investment interests to include “traditional” industrial properties. The company recently completed two related acquisitions in Medley and Orlando, Florida,... Read more >