Among the notable new properties added to the firm’s portfolio are Lennar Corporate Headquarters in Miami, and multiple Stockbridge-owned retail centers in Boca Raton.
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The project is under review by the Local Planning Agency and City Commission, with a final vote scheduled for October 8, 2025.
The forward-thinking commercial real estate firm specializes in the sales and leasing of retail, office, and industrial properties across Florida.
Newmark Managing Director Mitch Heifetz represented the tenant in the transaction. Additional transaction support was provided by retail advisors Andrew Connolly and Jake Siegel.
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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.
Marcus & Millichap’s Drew Kristol and Kirk Olson represented the seller, a local South Florida investor, in the transaction.
Read on for the most popular news headlines this past week on CRE-sources.