Orion Acquires 10,174-Square-Foot Walgreens-Occupied Building in Key West, Florida

by Hayden Spiess

Key West, Fla. —Orion Buying Corp. has acquired a 10,174-square-foot property located in Key West for $5.3 million. Walgreens occupies the building, which formerly housed the historic Strand Theater and also includes two residential apartments. Kevin Sanz of Orion Real Estate Group represented Orion Buying Corp., which is comprised of entities doing business as Limestone Ruby Raleigh LLC, Limestone Ruby Loganville LLC and Limestone Ruby Lithia Springs LLC. Brian Pfohl of CBRE represented the seller, Walgreens Co. Ocean Bank is providing financing for the transaction. 

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