DLR Group Signs Lease Renewal in Orlando
- Mar 29, 2017
Orlando—Denholtz Associates has recently announced that DLR Group Inc. has signed a lease renewal for approximately 9,000 square feet at 100 East Pine Street in Orlando. Micah Strader of CBRE represented Denholtz Associates and Nick Poole of JLL represented the tenant in the transaction.
Founded in 1966, DLR Group is a fully integrated planning, architecture and development firm. The company focuses on hospitality, retail and mixed-use, education and sports design projects in cities across the United States. The new office will allow DLR to execute projects throughout Florida and contribute to the growth of the Orlando market.
100 East Pine St., is an 83,000-square-foot, six-story office building in the heart of downtown Orlando. Built in 1977, the property features 13,800-square-foot floor plates and 11,000 square feet of retail, according to Yardi Matrix. Since acquiring the building last year, Denholtz invested in significant renovations, including a completely renovated building lobby, and modern upgrades to the common corridors and mechanical systems. Other improvements are underway, slated for completion later in 2017.
“Following our acquisition of the property last year, we have sought to find and retain tenants that would allow us to successfully execute our multi-tenant strategy who would also serve as valuable contributors to the local community,” Kristine Hurlbut, SVP of leasing at Denholtz Associates, said in prepared remarks. “Retaining DLR in this location is a win-win for the city of Orlando and Denholtz Associates, as DLR Group brings their substantial expertise in the design and architecture field to the continued development of downtown Orlando and the surrounding area.”
Photo courtesy of Yardi Matrix