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Basis Picks Up 18-Building Pinellas County Portfolio

Summary by Connect CRE
Basis Industrial acquired an 18-building in Pinellas County for $60 million. Birtcher Anderson & Davis (BA&D) was the seller. The portfolio amassed over 472,000 square feet of office and industrial buildings. Colliers represented BA&D in the transaction and also led the leasing efforts since BA&D’s acquisition in 2022. They increased occupancy from mid-60 % to nearly 90%. The Colliers Debt & Structured Finance team of Nathan Lynch & Michael Sogl…
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Connect CRE broke the news in on Friday, April 4, 2025.
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