Basis Industrial has created a Co-GP IV investment vehicle, formed to acquire a portfolio of multi-tenant industrial (MTI) properties in Tampa, Fla.
The Co-GP IV vehicle, the firm’s fourth co-GP investment fund, will allow Basis to maximize the value of these assets and continue delivering superior risk-adjusted returns to its partners. The Co-GP IV vehicle builds on the success of Basis’s previous funds, reflecting the company’s commitment to driving value through proactive property management, leasing strategies and long-term partnerships.
“Through Co-GP IV, we are reinforcing our commitment to identifying and managing high-value industrial real estate in Sun Belt markets,” said Anthony Scavo, president and managing partner at Basis Industrial. “This portfolio exemplifies our strategy of leveraging market fundamentals to achieve long-term value creation, and we are confident that it will deliver strong results for our partners.”
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