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Anthony Scavo Of Basis Industrial Acquires 42-Building Industrial Portfolio In Hialeah For $84.75M

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SOLD
$84,750,000

Florida

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Industrial396,135 SF
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Anthony Scavo Of Basis Industrial Acquires 42-Building Industrial Portfolio In Hialeah For $84.75M

West 31st Place

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Industrial396,135 SF
Sold
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Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$213
Total Square Footage:396135 SF
Transaction Type:Sale

A 42-building small bay industrial portfolio located in Hialeah, Florida, was sold for $84.75 million. The total square footage of the portfolio is 396,135, making the price per square foot approximately $213. The portfolio includes properties located at West 31st Place, West 32nd Place, West 33rd Place, West 8th Court, West 27th Street, West 28th Street, and 7395 West 18th Lane.

Summary of transaction details:

Anthony Scavo, the President and Managing Partner of Basis Industrial, led the acquisition, positioning the company as one of the largest landlords in Hialeah with this strategic purchase.

Players

Jose Lobon
52 deals$3.8B volume(305) 381-6446
BROKER

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

CBRE
BROKERAGE


Anthony Scavo
Basis Industrial
41 deals$1B volume
BUYER

TA Realty
SELLER

Details

SOLD
IMAGE: Taylor Colbert, Anthony Scavo & Jose Lobón DATE: 12/10/2025 ADDRESS: Portfolio - West 31st Place, West 32nd Place & West 33rd Place; West 8th Court, West 27th Street & West 28th Street; 7395 West 18th Lane MARKET: Hialeah ASSET TYPE: Industrial (42 Buildings) BUYER: Anthony Scavo - Basis Industrial SELLER: TA Realty BUYER'S REP: Anthony Scavo (@AnthonyScavoJR) - Basis Industrial (@BasisIndustrial) SELLER'S REP: Jose Lobón - CBRE (@CBRE) SALE PRICE: $84,750,000 SF: 396,135 ~ PPSF: $213 NOTE FROM BUYER: Basis Industrial, a vertically integrated real estate owner and operator led by President and Managing Partner Anthony Scavo, acquired a 42-building small bay industrial portfolio in Hialeah, Florida for $84.75 million. The 396,135-square-foot portfolio spans multiple pockets across the market and positions Basis as one of the largest landlords in Hialeah. ón

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$4,519,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$301,098.86
Cash-on-Cash Return-1.27%
Monthly Debt Service$401,758.24
Annual Debt Service$4,821,098.85