Miami's Orion Investment Group Expands Orlando Portfolio With Acquisition of 7 Mall Outparcels

Affiliates of Miami-based Orion Investment and Management, led by Joseph Sanz, just closed on its acquisition of 7 prominent outparcel properties flanking the Mall at Millenia.

Orion paid a collective $22,700,000.00 for the portfolio which include the following properties under existing leases:

- BJ's Brewhouse and Restaurant, 4151 Conroy Rd, Orlando, Florida 32839

- DSW Show Warehouse, 4021 Conroy Rd, Orlando, Florida 32839

- Ethan Allen Furniture, 4049 Conroy Rd, Orlando, Florida 32839

- Old Navy, 4018 Conroy Rd, Orlando, Florida 32839

- Olive Garden Italian Restaurant, 4101 Conroy Rd, Orlando, Florida 32839

- West Elm Furniture, 4010 Conroy Rd, Orlando, Florida 32839

- Ingenus Pharmaceuticals (office), 4190 Millenia Boulevard Orlando, Florida 32839

Miami's own Ocean Bank financed the acquisition, loaning the 7-separate buyer entities a total of $14,755,000.00.