Recent Transactions

The following are representative transactions by Orion in recent years.
 

Brokerage Services:

Twenty-Nine (29) transactions (sales and acquisitions) of long term NNN leased properties over the past three (3) years with a total amount over $96,270,000 +/- of transactional value. Transactions include:

PetSmart
Acquisition of 30,438 +/-SF retail building in Vero Beach, Florida for $4,335,000
 

Bank of America
Acquisition of a 4,700 +/- SF bank branch building in Homestead, Florida for $1,733,000
 

BankUnited
Sale of 3,684 +/- SF branch bank building in
Falls area (Miami) for $1,800,000
 

Wachovia Bank
20-year Ground Lease to Wachovia Bank of approx. 1.4 acres at 1615 Palm Beach Lakes Blvd., West Palm Beach, Florida.
 

Astor Hotel
Acquisition of 99-year ground lease under a 42-room hotel on South Miami Beach.  Estimated total value of project is approximately $15 million

The Seabonay
Sale of Seabonay 62,992 +/- SF
condo conversion/hotel, Hillsboro
Beach, Florida for $10,450,000

Burger King
Sale of Burger King 4,018 +/- SF
retail building in Winter
Springs, Florida for $1,655,000

Coral Reef Condos
Sale of Coral Reef Condos 5,610 +/- SF
combined office/medical condos
in Miami, Florida for $1,095,000

US Postal Service
Purchase of 27,300 +/- SF U.S. postal
facility located in Miami, Florida for
$11,500,000

Washington Mutual
Sale of Washington Mutual, 4,300 +/- SF
office building in Miami,
Florida for $2,473,000

Washington Mutual – 152nd
Sale of Washington Mutual, 3,000 +/- SF
office building in Miami, Florida
for $1,500,000

Wild Oats
Sale of Wild Oats 41,000 +/- SF
building in Hinsdale, Illinois for
$13,500,000

Waterford Park
Sale of Waterford Park 75,266 +/- SF
office building in Miami, Florida to
MapFre for $9,750,000

St. John’s Mercy Medical Center
Acquisition of a 14,698 sq ft fully medical facility in St. Louis, Missouri, for $3,247,000

Multi Tenant Office Building
Purchase of a 26,431 sq ft office building in Hollywood, Florida for $4,000,000

Wachovia Branch Bank
Sold a 3,300 sq ft Wachovia building in Clearwater, Florida for $1,580,000

Single Tenant Medical Building
Acquisition of a 14,698 sq ft medical building in Coral Gables, Florida for $4,250,000

Development Services:

Conversion of a single tenant NNN paint store in Oklahoma City to a NNN multi-tenant building with tenants that included Sprint, Supercuts & Eyemart Express in 2003. Subsequent sale in 2004 for $2,250,000

Completed sale of three commercial development sites in Downtown Miami.

Asset Management:

Conversion of Wachovia-Sheridan Building in Ft. Lauderdale to Multi-Tenant: The property was a single tenant master lease which was converted to a multi-tenant building with tenants that include: Wachovia, University of Israel, Sobol Property Management, Landtech & many others.

Refinancing of Best Buy, West Palm Beach: 45,000 sq ft. building, refinanced $3,600,000.00