Basis Industrial/NexPoint Acquires Industrial Portfolio In Orlando For $25M

The industrial property located at 6101, 6149, 6203, and 6251 Chancellor Drive, as well as 6330 Emperor Drive in Orlando, FL, was successfully sold. The asset spans 192,767 square feet, with a sale price of $25,000,000, translating to approximately $130 per square foot.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $25,000,000
• Buyer: Basis Industrial/NexPoint Real Estate Advisors
• Seller: B Group Capital Management
• Buyer's Representative: Anthony Scavo - Basis Industrial
• Seller's Representative: Ronald Rogg - CBRE

The deal involved key individuals Jimmy Caple, Mike DiCosimo, DDD (Dustin Dulin), Rob Harris, Dan Weinstein, Taylor Colbert, Ahmad Elayyan, Sebastian Barbagallo, and Franco Barbagallo, who played crucial roles in facilitating the successful transaction.