Miami company buys local industrial property as part of statewide deal for 255,500 square feet of space

Basis Industrial spent nearly $30 million for the properties, including the 70,000 SF building on 23rd St. N.

  • By Louis Llovio
  • | 4:32 p.m. October 10, 2022
  • | 0 Free Articles Remaining!
Basis Industrial spent nearly $30 million for two properties, including the 70,000 SF building on 23rd St. N. in St. Petersburg. (courtesy photo)
Basis Industrial spent nearly $30 million for two properties, including the 70,000 SF building on 23rd St. N. in St. Petersburg. (courtesy photo)
  • Tampa Bay-Lakeland
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A Miami real estate firm has bought a 70,000-square-foot industrial property in St. Petersburg and intends to grow it by nearly 10,000 square feet.

Basis Industrial paid $7.5 million for the building at 2442 23rd St. N. The company says it plans to build a 9,500-square-foot building on an adjacent piece of property.

 

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