In our strategic move to further our reach in the U.S., Basis Industrial recently closed an $8.308 million construction loan. Our new project is located at 1610 Algonquin Street, Detroit, Michigan. This construction loan symbolizes a significant milestone as we are on track to break ground on a 78,187-square-foot self-storage...Read more >
Basis Industrial, a privately held and vertically integrated real estate owner and operator based in Boca Raton, Florida, closed on an $8.308 million construction loan on Sept. 22, 2023 for a self-storage facility located at 1610 Algonquin Street, Detroit, MI 48215. Basis Industrial acquired the land on which the storage...Read more >
A recent report from CoStar Analytics, a leader in commercial real estate information, analytics and news, found that Orlando, Florida, experienced the highest industrial rent growth in the U.S. in Q2 2023. With an increase in industrial rent growth of 17.1% from the previous year, Orlando topped the list, with...Read more >
An influential player in the real estate industry, Basis Industrial brings a wealth of expertise and unique insights to the world of multi-tenant industrial warehousing. The growth potential for this asset class within the U.S. is immense and offers opportunities for businesses and industrial real estate investors alike. Basis Industrial's...Read more >
Basis Industrial, a vertically integrated real estate owner and operator based in Boca Raton, has earned a coveted spot on the South Florida Business Journal's esteemed Fast 50 List. This exclusive ranking highlights the region's 50 fastest-growing companies, showcasing those that reported the highest percentage revenue growth over a span...Read more >
If anything has been made clear in the business world over the past few years, it is that flexibility is key. This especially comes into play regarding workspaces. Growing businesses have changing needs, and the space they need to accommodate those needs is constantly evolving. This is where BaySpace comes...Read more >
In the constantly evolving industrial real estate sector, investors and businesses are presented with a wide range of lucrative opportunities. In recent years, self-storage facilities have experienced remarkable growth and profitability. Basis Industrial, a privately held and vertically integrated real estate owner and operator, shares its knowledge of the unique...Read more >
If anything has been made clear in the business world over the past few years, it is that flexibility is key. This especially comes into play regarding workspaces. Growing businesses have changing needs, and the space they need to accommodate those needs is constantly evolving. This is where BaySpace comes...Read more >
DALLAS, June 20, 2023 /PRNewswire/ -- NexPoint, a multibillion-dollar alternative investment platform, today announced the acquisition of four multi-tenant small bay properties in Central Florida. The acquisition consists of 13 buildings totaling 419,946 square feet of multi-tenant warehousing and industrial space. These types of facilities are typically smaller in size and are commonly referred...Read more >
Within the real estate industry, industrial real estate stands out as a lucrative sector. Offering many possibilities for investors, businesses, and professionals, industrial real estate comprises a wide range of opportunities. In this blog, Basis Industrial breaks down the world of industrial real estate and notes its significance within the real estate industry,...Read more >
Properties are Basis' First Assets in Tampa BOCA RATON, FL (April 28, 2023) — Basis Industrial, a privately held and vertically integrated real estate owner and operator based in Coconut Grove, Florida, closed on/purchased the “Tampa Industrial Portfolio,” including Brandywine Business Center at 3801 Corporex Park Drive, Tampa, FL, 33619; Corporex...Read more >
Basis Industrial purchased a two-story industrial/retail building in Deerfield Beach for $22 million. Crystal Pointe Commercial Properties, managed by Jeffrey Chauncey in Lighthouse Point, sold the 99,837-square-foot building at 4500 to 4870 N. Powerline Road to WMG Deerfield Small Bay Owner LLC, an affiliate of Coconut Grove-based Basis Industrial. Coral Gables-based Banesco...Read more >
Rapidly growing real estate owner and operator picks up another 60,000 square feet of well-located, multi-tenant warehouse space including 100,000+ additional square feet of development potential. ARMONK, NY – (March 3, 2023) – Basis Industrial, a privately held and vertically integrated real estate owner and operator, continued its acquisition spree...Read more >
Rapidly growing real estate owner and operator picks up another 196,000-plus square feet of well-located, multi-tenant industrial, flex space MIAMI, FL – (Dec. 19, 2022) – Basis Industrial, a privately held and vertically integrated real estate owner and operator, capped off its inaugural year with the $36.5 million purchase of...Read more >
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 >
Rapidly growing real estate owner and operator picks up another 275,000 square feet of well-located, multi-tenant warehouse space MIAMI, FL – (Nov. 21, 2022) – Basis Industrial, a privately held and vertically integrated real estate owner and operator, continued its acquisition spree with the $31.65 million purchase of a seven-property...Read more >
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 >
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 >
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 >