$32 Million Campus Portfolio Trades Hands

PHOENIX, AZ – Nick Miner, CCIM of ORION Investment Real Estate, reports selling a six-property,
five-state portfolio of retail properties. The properties were all located next to major universities
throughout the United States.

Each of the six properties consisted of national, regional and local tenants. The major universities
that the properties are adjacent of were Arizona State University, Florida State University, The
University of Florida, Indiana University Bloomington, The University of New Mexico, and The
University of Illinois.

Nick Miner, CCIM, Senior Vice President at ORION commented, “My long-time clients and friends
were in a 1031 exchange and had an opportunity to purchase legacy type properties. We found
out about the portfolio initially via the property here in Tempe.” Miner continued, “This transaction
was a win for everyone.”

Buyers, JDS and DLS, LLC, was represented by Nick Miner, CCIM of ORION Investment Real Estate.
Seller, Salmanson Capital, LLC, was represented by a team of agents at JLL, Alex Sharrin, Josh
Katlin and Will Bowater.

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May 2023
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