Orion Real Estate Group Closes More than $203 Million in Transactions in Fourth Quarter by Christopher Sanz, JD, LLM

Posted on March 03, 2022

Orion Real Estate Group today announced it invested $203,878,022 during the fourth quarter of 2021 to acquire 85 properties representing 436,898 sq. ft. of absolute, triple-net-lease space throughout the country.

Acquisitions closed during the months of October, November and December included the following:

  1. More than $99.15 million for a portfolio of 27 car washes operating under the Mammoth and International Car Wash Group (ICWG) brands
  2. More than $38.42 million for a portfolio of 23 properties occupied by brands that include Applebee’s, Chick-fil-A, Wendy’s and AutoZone
  3. More than $38.30 million for a portfolio of 10 properties leased back to Equipment Share
  4. $28 million for a portfolio of 25 properties tenanted by Friendly’s restaurants

With offices in Miami, Orlando, New York City and Geneva, the team at Orion works with investors, developers, property owners and brokers through all phases of real estate transactions, from strategic planning and analysis to financing, negotiation, property management and disposition. For more information, call (305) 278-8400 or email info@orionmiami.com.

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