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Real Estate Owner & Operator Basis Industrial Closes On/Purchases Global Business Center, a Multi-Industrial Tenant Property in Orlando, for $19.5 Million [Yahoo! Finance]

Reinsurance Group of America, Incorporated (RGA) 
Last reinsurance group of america, incorporated earnings: 1/28 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
BOCA RATON, Fla. March 25, 2024 /PRNewswire/ -- Basis Industrial closed on/purchased the 96,810-square-foot Global Business Center, a multi-industrial tenant property located at 5776, 5790 and 5818 Hoffner Avenue, Orlando, FL 32822 near Orlando International Airport, on March 22, 2024 , for $19.5 million Basis Industrial is a privately held and vertically integrated real estate owner and operator based in Boca Raton, Florida. Basis President/COO Anthony Scavo and Head of Acquisitions Ahmad Elayyan represented the company in the off-market transaction. Nick Hanson and Nick Ledvora of LH Capital Partners and Bill Bywater of The Bywater Company represented seller Jun Tagami . Reinsurance Group of America (RGA) is providing financing for the purchase. Current tenants include MicroGenDX, Leak Testing, Sherwin Williams , Innova, US Army, V12 Promotions, CreditMax, and more. Basis' planned renovations to the property include roof maintenance and replacement, exterior upgrades and impr Show less Read more
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