Basis Industrial Closes The Year With $36.5 Million Orlando Acquisition
TerraCap purchased the asset in October 2020 for $24,000,000.
TerraCap purchased the asset in October 2020 for $24,000,000.
Ron Rogg of CBRE represented TerraCap in the sale transaction.
Newmark’s Senior Managing Director, Ryan Moody represented the seller in the disposition. TerraCap was represented by Matt Williams and Kyle Schlitt of Newmark’s Debt & Structured Finance group in arranging financing for the acquisition.
Orlando International Business Center is comprised of six single-story office/flex buildings totaling 196,000 square feet. CLICK ON THE HEADLINE FOR MORE
The property consists of six single-story office/flex buildings and totals approximately 134,400 rentable square feet. CLICK ON THE HEADLINE FOR MORE
TerraCap Management LLC purchased the asset for $13,800,000. CLICK ON THE HEADLINE FOR MORE
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