At Basis Industrial, we are honored to be recognized as one of the 2024 Private 100 companies by South Florida Business Journal. This distinction highlights the dedication and hard work of our team, whose relentless commitment to customer service, teamwork, and operational excellence has driven our growth and made our recent accomplishments possible. Our focus on building meaningful partnerships and contributing to the South Florida community reflects a broader commitment to community development and tenant success. Our tenants are central to the vibrancy of the communities we serve, and their growth fuels our passion for continued impact.
South Florida Business Journal’s “Private 100” celebrates the top 100 privately held companies based on their annual revenues. Each year, hundreds of companies apply to be considered by submitting a survey and providing detailed revenue documentation. The Business Journal then publishes this prestigious list, showcasing not only the top-performing companies’ revenues for the past two years but also their main addresses, number of South Florida locations, and a description of their services. This in-depth evaluation ensures that only the best of the best are recognized.
This recognition comes alongside several key milestones we have achieved over the past year, demonstrating our alignment with industry trends and proactive approach to market demand:
- Fast-Growth Recognition: We were named the No. 3 fastest-growing company in South Florida with revenue over $25 million by the South Florida Business Journal, a reflection of our strategic expansion and market leadership, driven by the dedication of our team.
- Portfolio Expansion: We closed on a 1,107,509-square-foot portfolio with assets spanning Florida and Texas, further solidifying our presence and influence in these regions. This expansion not only aligns with market demands but also underscores our commitment to serving tenants and fostering community growth.
- Innovative Project Development: We broke ground on a 117,000-square-foot mixed-use project in Armonk, New York, featuring self-storage, expanded warehouse space, and a pickleball facility. By staying ahead of market trends and responding to evolving tenant needs, we continue to lead with innovative solutions.
Our success is closely tied to the communities we serve. Through partnerships, local initiatives, and economic development efforts, we aim to uplift and support these communities. As demand for self-storage and multi-tenant industrial spaces continues to grow, our ability to align strategies with market needs positions us to deliver value to tenants, partners, and investors, ensuring we stay at the forefront of a rapidly evolving industry.
Headquartered in Boca Raton, Basis Industrial focuses on under-managed niche real estate asset classes, including self-storage and multi-tenant industrial warehousing. We currently manage over 5 million square feet of assets, with plans to expand by an additional 1 million square feet in 2024. This continued growth reflects the dedication of our exceptional team and our passion for making a meaningful impact in the industry.
About Basis Industrial
Basis Industrial is a vertically integrated real estate owner and operator formed by industry veterans and sponsors Jay Massirman, Stephen Garchik and Daniel Weinstein. Basis brought Anthony Scavo on as to run day-to-day activities of the company. He now serves as managing partner. Together they have over 100 years of combined Real Estate Development and Management experience. Basis currently owns over 5 million square feet of self-storage and industrial real estate and is scheduled to close and/or complete another 1 million square feet in 2024. Active markets for Basis include Florida, Pennsylvania, New Jersey, New York, Texas, Boston, Los Angeles, Alabama and select urban markets nationwide. In total, the sponsors have developed and managed over 15 million square feet of real estate assets including self-storage, industrial, retail, office and residential. BaySpace is the property management arm of Basis. In 2023, Basis Industrial was ranked the No. 1 fastest-growing company by South Florida Business Journal. In 2024, Basis was the winner of Commercial Observer’s Breakthrough Awards in the Industrial Transaction of the Year category. For more information, visit www.basisindustrial.com or www.bayspace.com.