As Central Florida continues to emerge as a commercial real estate powerhouse, Basis Industrial was proud to contribute to the conversation shaping its future. On June 5, 2025, Ahmad Elayyan, Managing Director of Acquisitions at Basis Industrial, participated in Bisnow’s Orlando State of the Market event, speaking on the panel “Major Projects and the Future of CRE in Orlando.”
The event, which drew a record-breaking 240 attendees, was the largest Bisnow gathering ever held in Orlando. Panel discussions were candid and solution-focused, covering the city’s evolving development landscape, new zoning initiatives, and the broader outlook for commercial real estate across Central Florida.
Representing Basis Industrial’s expanding footprint across Florida and Texas, Ahmad provided perspective on how the firm is navigating the current financing environment. He emphasized Basis Industrial’s focus on securing deals that avoid negative leverage and align with long-term return objectives, despite persistent interest rate challenges.
“Our approach is disciplined,” Ahmad noted. “We are targeting assets in markets where the fundamentals support value creation and long-term performance.”
Joining Ahmad on the panel were leading voices from across the industry, including Curtis Frost, CEO of WMG Development; Robert Thorne, CEO of Urban Network Capital Group; Ken Kupp, Partner at Boyd Development Corp; and executives from AdventHealth and Ryan Companies. The session explored development trends, capital strategies, and the rise of asset classes like industrial and healthcare in Orlando.
He also addressed permitting challenges and development timelines in Central Florida, offering insights based on Basis Industrial’s experience acquiring more than five million square feet of small-bay, multi-tenant industrial space. His remarks highlighted the importance of flexibility and patience in markets with evolving municipal processes.
Basis Industrial’s activity in Orlando continues to grow as the region cements its status as a high-demand logistics and industrial hub. With strong population growth, expanding infrastructure, and access to major transportation corridors, Orlando remains a strategic focus for Basis as it scales its national portfolio.
Basis Industrial’s involvement in this event reflects its commitment to thoughtful growth and strategic engagement in high-opportunity regions. With strong demand for small-bay industrial space and logistics-related assets, Orlando continues to present attractive opportunities for acquisition and expansion.
As Basis Industrial scales its presence throughout the Southeast and beyond, its focus remains on market fundamentals, operational excellence, and creating long-term value across its growing portfolio. The firm is currently active in Florida, Pennsylvania, New Jersey, New York, Texas, Boston, Los Angeles, Alabama, and other select urban markets nationwide.
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. Anthony Scavo runs the day-to-day activities of the company, serving as president and managing partner. Together they have over 100 years of combined Real Estate Development and Management experience. Basis currently owns more than 5 million square feet of self-storage and industrial real estate, with an additional 2 million to 3 million square feet expected by the end of the year. 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.