fbpx
Main Navigation
Sections
Social Media Connect
Our Other Brands
  • Lifestyle Media Group Logo
  • Tampa Bay Business & Wealth Magazine Logo
South Florida Business and Wealth
South Florida Business & Wealth
Real Estate

Basis Industrial Expands Portfolio With Acquisition of Four Commercial Properties in Florida and Texas

The privately held and vertically integrated real estate owner and operator based in Boca Raton.
| SFBW Staff

Basis Industrial closed on/purchased four commercial properties in Florida and Texas, as well as refinanced two of its current commercial properties in Florida on Nov. 30, 2023. The complex transaction totaled $220 million. Bank United, Banesco and Thorofare provided roughly $110 million in loan proceeds. Beach Point Capital Management provided a preferred equity/mezzanine loan of roughly $70 million, with the sponsors, Basis and NexPoint, funding the remaining. The transaction encompasses all six properties—including Winter Garden Business Park in Winter Garden (shown)—under one shallow bay/multi-tenant industrial portfolio totaling 1,328,443 square feet.

You May Also Like
Westlake at John Knox Village
13th Floor Homes
Las Olas Isles
HAVN Residences
More Real Estate Posts
New Construction Residence Unveiled Near Baptist Health IcePlex in Fort Lauderdale
 |  Sean d'Oliveira

This move-in ready property is listed by Lori Suarez and Jay Granieri with Curated Collection Group at ONE Sotheby’s International Realty.

Read More
New Construction Residence
Miami Penthouse Hits Market at $75 Million
 |  Sean d'Oliveira

Related Group brought the property to the market in collaboration with Two Roads Development and Rockpoint.

Read More
Miami Penthouse
BBX Logistics Properties Partners With FRP Development Corp to Build The Park at Davie
 |  Sean d'Oliveira

The facility is expected to be completed in 2025

Read More
The Park at Davie
Exquisite Waterfront Estate in Fort Lauderdale Features Unrivaled Amenities
 |  Michelle F. Solomon

Contemporary design, open-concept living, smart technology and deep waterfront access make this unparalleled residence conducive to today’s modern lifestyle.

Read More
waterfront estate in Fort Lauderdale
Other Posts
Local Real Estate Developers Purchase Mixed-Use Shopping Center in Fort Lauderdale
 |  Sean d'Oliveira

Amerant Bank provided acquisition financing.

Read More
Mixed-Use Shopping Center
Berkadia Secures $400 Million Loan for Exclusive Fisher Island Condo
 |  Sean d'Oliveira

The financing will be used to construct The Residences at Six Fisher Island.

Read More
Fisher Island Condo
Star Developers Group Unveils One Hollywood Residences
 |  Sean d'Oliveira

Fortune Development Sales is the exclusive sales and marketing partner.

Read More
One Hollywood Residences
Exclusive Luxury Living With World-Class Design at Waldorf Astoria Residences Pompano Beach
 |  Michelle F. Solomon

The property is designed as a homage to the iconic Waldorf Astoria brand.

Read More
Waldorf Astoria Residences Pompano Beach

Drew Limsky

Drew Limsky

Editor-in-Chief

BIOGRAPHY

Drew Limsky joined Lifestyle Media Group in August 2020 as Editor-in-Chief of South Florida Business & Wealth. His first issue of SFBW, October 2020, heralded a reimagined structure, with new content categories and a slew of fresh visual themes. “As sort of a cross between Forbes and Robb Report, with a dash of GQ and Vogue,” Limsky says, “SFBW reflects South Florida’s increasingly sophisticated and dynamic business and cultural landscape.”

Limsky, an avid traveler, swimmer and film buff who holds a law degree and Ph.D. from New York University, likes to say, “I’m a doctor, but I can’t operate—except on your brand.” He wrote his dissertation on the nonfiction work of Joan Didion. Prior to that, Limsky received his B.A. in English, summa cum laude, from Emory University and earned his M.A. in literature at American University in connection with a Masters Scholar Award fellowship.

Limsky came to SFBW at the apex of a storied career in journalism and publishing that includes six previous lead editorial roles, including for some of the world’s best-known brands. He served as global editor-in-chief of Lexus magazine, founding editor-in-chief of custom lifestyle magazines for Cadillac and Holland America Line, and was the founding editor-in-chief of Modern Luxury Interiors South Florida. He also was the executive editor for B2B magazines for Acura and Honda Financial Services, and he served as travel editor for Conde Nast. Magazines under Limsky’s editorship have garnered more than 75 industry awards.

He has also written for many of the country’s top newspapers and magazines, including The New York Times, Washington Post, Los Angeles Times, Miami Herald, Boston Globe, USA Today, Worth, Robb Report, Afar, Time Out New York, National Geographic Traveler, Men’s Journal, Ritz-Carlton, Elite Traveler, Florida Design, Metropolis and Architectural Digest Mexico. His other clients have included Four Seasons, Acqualina Resort & Residences, Yahoo!, American Airlines, Wynn, Douglas Elliman and Corcoran. As an adjunct assistant professor, Limsky has taught journalism, film and creative writing at the City University of New York, Pace University, American University and other colleges.