Lincoln Brokers AIT Worldwide Logistics’ 10,000-Square-Foot Expansion at Orlando Industrial Facility
Lincoln Property Company Southeast (Lincoln) has brokered the long-term extension and 10,000-square-foot expansion of AIT Worldwide Logistics’ lease at Lee Vista Business Commons, a Class A flex/industrial building in Orlando. With the expansion, which will take effect in the first quarter, AIT Worldwide Logistics will occupy at total of 25,039 square feet in the building, located at 6317 McCoy Rd. The property is now 100 percent occupied.
Robert Kellogg, vice president of office leasing for Lincoln, represented the landlord in the transaction and was the only broker in the transaction.
Located only two miles from Orlando International Airport, Lee Vista Business Commons offers frontage on Beachline Expressway and convenient access to Central Florida Greenway and Semoran Boulevard. The building also features a 24-foot clear height, 130-foot building depth, two dock doors per bay and Class IV sprinklers.
“AIT’s expansion at Lee Vista is indicative of Orlando’s strengthening industrial market,” said Scott Stahley, senior vice president for Lincoln who oversees the firm’s Orlando office. “As the economies of both metro Orlando and the Southeast pick up steam, we should see continue to see vacancy rates in our portfolio and across the area drop.”