Basis Industrial Acquires Industrial Property In Orlando For $36.5M

An industrial property located at 5730 S Semoran Blvd in Orlando has been sold in a closed transaction. The property, with a total square footage of 198,588, was purchased by Basis Industrial for a sale price of $36,500,000. The price per square foot for this transaction was $184. The seller of the property was Terracap Management.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $36,500,000
• Square Footage: 198,588
• Price per Square Foot: $184
• Address: 5730 S Semoran Blvd, Orlando
• Buyer: Basis Industrial - Dan Weinstein & Anthony Scavo
• Seller: Terracap Management
• Broker: Ron Rogg - CBRE

With the acquisition of the property at 5730 S Semoran Blvd, Basis Industrial concludes 2022 with over 1 million square feet of properties acquired.