Orion Real Estate Group and Limestone Asset Management acquired Millenia Plaza, a fully leased, 411,503-square-foot, core, super-regional, open-air retail center in Orlando, for $74.1 million.
JLL Capital Markets marketed the property on behalf of the seller, North American Development Group.
Millenia Plaza is fully occupied by a slate of best-in-class anchor tenants such as The Home Depot, BJ’s Warehouse, Ashley Furniture Homestore, Dick’s Sporting Goods, Total Wine & More and Ross Dress for Less. The center also features David’s Bridal, Five Below, Visionworks, Pristine Nail Spa and Adjectives Inc.
Located at 4403-4467 Millenia Plaza Way, Millenia Plaza is the largest open-air retail center in the Mall at Millenia trade area and has the most highly visible positioning along Interstate 4, which has 185,000 vehicles per day. The 1.2 million-square-foot Mall at Millenia, which features Bloomingdales, Neiman-Marcus and Macy’s, is ranked as one of the t
