facebook
Traded Co logo
Submit

Basis Industrial Acquires Industrial Asset From Birtcher Anderson For $60M In Tampa

Property Image
SOLD
$60,000,000

Florida

See Similar Deals
Industrial472,512 SF
Sold
the dealplayerscompscontact
Property Image
SOLD

Basis Industrial Acquires Industrial Asset From Birtcher Anderson For $60M In Tampa

7281 Bryan Dairy Road

See Similar Deals
Industrial472,512 SF
Sold
Contact now

Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$127
Total Square Footage:472512 SF
Transaction Type:Sale

The property asset involved in this transaction is an industrial asset located at 7281 Bryan Dairy Road in the Tampa market. It was sold for a total price of $60,000,000.00 and features a total square footage of 472,512.0.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $60,000,000.00
  • Address: 7281 Bryan Dairy Road
  • Market: Tampa
  • Buyer: Basis Industrial
  • Seller: Birtcher Anderson

This transaction was facilitated by the participation of Basis Industrial as the buyer and Birtcher Anderson as the seller, indicating a significant asset exchange in the industrial sector of the Tampa market.

Players

Anthony Scavo
41 deals$1B volume(718) 702-6739
BROKER

Robert (Bob) Anderson
2 deals$120M volume(703) 539-0407
BROKER

Basis Industrial
BUYER

Details

SOLD
IMAGE: Ryan Vaught, Robyn Hurrell, Palmer Leff, Andrew Chen, Anthony Scavo, Daniel Weinstein, Stephen Garchik, Jay Massirman, Bob Anderson, Ahmad Elayyan, Jeff Eales & Christy Mazzola DATE: 03/19/2025 ADDRESS: 7201-7243 Bryan Dairy Road, 12345 Starkey Road / 12505 Starkey Road, 11701 S. Belcher Road, 4900-4914 Creekside Drive & 13921-13923 Icot Boulevard / 13830-13922 N. 58th Street MARKET: Largo, FL & Clearwater, FL ASSET TYPE: Industrial BUYER: Basis Industrial (@BasisIndustrial) SELLER: Birtcher Anderson BROKERS: Anthony Scavo (@AnthonyScavoJr) - Basis Industrial & Bob Anderson - Birtcher Anderson SALE PRICE: $60,000,000 SF: 472,512 ~ PPSF: $126

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$3,199,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$213,167.33
Cash-on-Cash Return-1.27%
Monthly Debt Service$284,430.61
Annual Debt Service$3,413,167.33