Basis Industrial Leases 22,500 SF Industrial Space To Sportime Pickleball Armonk

Basis Industrial has leased 100% of its 119,000-square-foot mixed-use self-storage, recreation, and warehouse facility located at 100 Business Park Drive in Armonk, New York. The facility is expected to open in January 2025. The lease includes 82,500 square feet of Extra Space branded/managed self-storage space, 22,500 square feet leased by Sportime Pickleball Armonk, and 8,000 square feet leased to Jan-Tile/A&R Real Estate.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not disclosed
• Address: 100 Business Park Drive, Armonk, New York
• Market: Armonk

The landlord, Basis Industrial, was represented by Anthony Scavo from Basis Industrial and Michael Rao from New York Commercial Realty Group. The tenant, Sportime Pickleball Armonk, was represented by Jordan Barker.

Note: The lease term is for 15 years with $1 per square foot annual increases.