Basis Industrial Acquires Industrial Assets From B Group Capital Management In Orlando For $20M

The industrial asset involved in this transaction includes multiple addresses located at 2400 Sand Lake, 8100 Chancellor Drive, and 8500 Chancellor Drive in Orlando, FL. The sale price for the property was $20,000,000, and it encompasses a total square footage of 142,069, which translates to a price per square foot of $140.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $20,000,000
• Square Footage: 142,069
• Price per Square Foot: $140
• Buyer: Basis Industrial
• Seller: B Group Capital Management
• Buyer's Representative: Anthony Scavo - Basis Industrial
• Seller's Representative: Ronald Rogg - CBRE
• Date of transaction: 02/11/2025
• Market: Orlando, FL

The transaction featured a collective representation by several key individuals, including Anthony Scavo from Basis Industrial, who represented the buyer, and Ronald Rogg from CBRE, representing the seller. Additional participating individuals included Sebastian Barbagallo, Miguel Barbagallo, Franco Barbagallo, Ahmad Elayyan, Dan Weinstein, Steve Garchik, Jay Massirman, and Mike Samuel.