Stream Realty Partners Triples Miami Footprint
Since launching in 2023, Stream Florida has grown from just six team members to more than 45 professionals across Miami, Tampa, and Orlando.
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Since launching in 2023, Stream Florida has grown from just six team members to more than 45 professionals across Miami, Tampa, and Orlando.
The Art Deco retail property spans 35,240-square feet and is currently 98% leased to a premier tenant roster, including H&M, which anchors the property.
Orion acquired the property in 2015 for $27.8 million.
Plans call for 75,080 square feet across two buildings.
Marcus & Millichap’s Drew Kristol and Kirk Olson represented the seller, a local South Florida investor, in the transaction.
“This was a quick listing and closing cycle, which demonstrates the strong demand for this type of high-barrier-to-entry product,” said Everett. “We were able to generate significant buyer interest and close the deal in two months, which reflects the continued strength of the South Florida industrial market.”
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Approximately 75 employees report to the South Florida headquarters.
Construction of the 134,000-square-foot store is underway, with a projected opening in 2026.
The lease was expertly orchestrated by Jake Michels, Sales Associate, and Joseph P. Byrnes, Senior Vice President at Berger Commercial Realty, who represented the landlord.
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