Anthony Scavo Of Basis Industrial Acquires Industrial Asset From Bob Anderson Of Birtcher Anderson For $60M
7243 Bryan Dairy Road
$60,000,000
$127/SF
Building Size
472,512 SF
Asset Type
Industrial
Closing
Mar 19, 2025
AI
The property asset involved in this transaction is an industrial asset located at 7243 Bryan Dairy Road in the Largo, FL and Clearwater, FL markets. The sale was executed for a price of $60,000,000.00, with a total square footage of 472,512.0.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $60,000,000.00
- Address: 7243 Bryan Dairy Road
- Market: Largo, FL & Clearwater, FL
- Square Footage: 472,512.0
- Buyer: Anthony Scavo - Basis Industrial
- Seller: Bob Anderson - Birtcher Anderson
This transaction highlights key individuals involved, with Anthony Scavo representing Basis Industrial as the buyer and Bob Anderson representing Birtcher Anderson as the seller, facilitating the deal between the two parties.
Players
Seminole Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.26%
Cash-on-Cash
-0.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93