Updated Dec 16, 2025
Anthony Scavo Of Basis Industrial Acquires 42-Building Industrial Portfolio In Hialeah For $84.75M
West 31st Place
$84,750,000
$213/SF
Building Size
396,135 SF
Asset Type
Industrial
Closing
Dec 9, 2025
About this deal
AI
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:
- Property Type: Industrial
- Transaction Amount: $84,750,000
- Buyer: Anthony Scavo - Basis Industrial
- Seller: TA Realty
- Buyer's Representative: Anthony Scavo - Basis Industrial
- Seller's Representative: Jose Lobón - CBRE
- Square Footage: 396,135
- Price Per Square Foot: $213
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.
On the Map
$84,750,000
$213/SF
Industrial
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Players
Hialeah 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
0.19%
Cash-on-Cash
-0.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93