Lincoln Property Signs Leases for Over 30,000 SF in Metro Orlando
- Oct 02, 2012
Within the past week, Lincoln Property Company Southeast has brokered leases totaling more than 31,000 square feet in several metro Orlando complexes.
For the first four leases, Lincoln office vice-president Robert Kellog represented the landlords. Kellog signed Grace Title on a three-year, 2,687-square-foot renewal at Premier Point, a two-building, 95,403-square-foot office complex in Altamonte Springs, Fla. Andrade P.A. also inked a five-year, 1,600-square-foot new lease at the site. Neither tenant was represented by a broker.
SeniorBridge has signed a three-year, 1,998-square-foot new lease at 1801 Lee Road in WinterPark, Fla. Joe Abascal of Cushman & Wakefield represented the tenant. In addition, Orlando Hypnosis Clinic signed a 1,472-square-foot new lease at the building; the transaction was a direct deal.
“It is encouraging to see the increased activity in the suburban Orlando office market,” Kellogg said. “An improving economic climate and the market knowledge and resources we have at Lincoln will enable us to create real value for our landlord clients.”
Jay Dixon, vice president, office, for Lincoln Property Co. Southeast, can also pride himself on two major recent leases, landing tenants for more than 24,000 square feet of office space:
- M2 Systems Corp. has signed a long-term lease for 11,988 square feet in 500 Winderley Place, a three-story, 101,321-square-foot office building in a park-like setting in Maitland, Fla. The building is near Interstate 4, the RDV Sportsplex Athletic Club, and several banks and hotels.
- Osceola County, Fla. has signed a long-term lease for 12,248 square feet at Celebration Place IV, a Class-A, 125,974-square-foot office building in Celebration, Fla. The five-story building is designed for high-tech users and is near Interstate 4, State Road 417 (known as the Central Florida Greeneway) and Highway 192. Dixon represented the landlord, 215 Celebration Place Inc., and was the only broker involved in the transaction.
Image: Premier Point, courtesy of Wilbert News Strategies