JF3284: Anthony Scavo - Uncovering Opportunities in Multi-Tenant Industrial Real Estate

Are you a commercial real estate investor looking to uncover hidden opportunities in the market? In this episode, Slocomb Reed interviews Anthony Scavo, President and COO of Basis Industrial, a vertically integrated real estate owner operator. Join us as Anthony shares his insights into the world of multi-tenant industrial properties and how Basis Industrial successfully pivoted their strategy. From supply-demand imbalances to adapting in a changing market, this episode provides valuable advice for investors aiming to make informed decisions. Key Takeaways: Navigating Shifting Markets: Discover how Basis Industrial's pivot from self-storage to multi-tenant industrial properties was driven by recognizing supply-demand imbalances and adapting to changing market conditions. Investment Strategies: Anthony discusses the importance of positive leverage and finding properties that align with market trends. He highlights the significance of patient and strategic investment decisions in the current market environment. Learning from Mistakes: Learn from Basis Industrial's experiences as Anthony shares a key lesson about the importance of having backup plans and not repeating the same mistake twice. Find out how a nimble approach to staffing can mitigate challenges and setbacks.     Anthony Scavo | Real Estate Background President and COO of Basis Industrial Portfolio: Self-storage, Industrial, Retail, Office and Residential Over $750MM in AUM Based in: Boca Raton, FL Say hi to him at:  Instagram LinkedIn Best Ever Book:  Made in America by Sam Walton Greatest Lesson: When a mistake is made, don't panic, learn from it to make sure it doesn't happen again.   Click here to learn more about our sponsors: Masterworks Rent to Retirement Delete Me BAM Capital Learn more about your ad choices. Visit megaphone.fm/adchoices