Anthony Scavo & Dan Weinstein Of Basis Industrial Acquire 271,988 SF Industrial Property In Altamonte Springs For $49.6M

Taurus Holdings has sold an industrial property located at 370-774 Northlake Boulevard in Altamonte Springs, FL. The sale was completed on November 30, 2023, with a total transaction value of $49,592,500. The property spans 271,988 square feet, resulting in a price per square foot of $182.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $49,592,500
• Address: 370-774 Northlake Boulevard, Altamonte Springs, FL
• Market: Altamonte Springs, FL

The buyer of the property is Anthony Scavo and Dan Weinstein, representing Basis Industrial. On the other hand, Taurus Holdings acted as the seller. The deal was facilitated by brokers Robbie McEwan and Cody Brias from JLL.

It's worth noting that Basis Industrial, a privately held real estate owner and operator based in Boca Raton, Florida, closed on and purchased four commercial properties in Florida and Texas on November 30, 2023. In addition to the acquisitions, they also refinanced two of their existing commercial properties in Florida as part of the $220 million transaction, consolidating a portfolio of six properties under their ownership.