Basis Industrial Purchases Industrial Property In Orlando For $19.5M

The industrial property located at 5776, 5790, and 5818 Hoffner Avenue in Orlando, FL 32822, was successfully sold in a recent transaction. The property spans 96,810 square feet and was sold for $19,500,000, amounting to a price per square foot of $201. The deal was facilitated by brokers Nick Hanson and Nick Ledvora from LH Capital Partners.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $19,500,000
• Buyer: Basis Industrial - Daniel Weinstein, Anthony Scavo, & Ahmad Elayyan
• Seller: Jun Tagami

The acquisition was led by Basis Industrial, represented by Daniel Weinstein, Anthony Scavo, and Ahmad Elayyan. On the sell side, Jun Tagami facilitated the transaction. The buyer's interests were represented by the team of Nick Hanson and Nick Ledvora from LH Capital Partners.