Lincoln Brokers Two Long-Term Office Leases in Metro Orlando’s Altamonte Springs Submarket
Lincoln Property Company Southeast (Lincoln) has brokered two long-term office leases totaling more than 8,500 square feet in the metro Orlando suburb of Altamonte Springs. Robert Kellogg, vice president of office leasing for Lincoln, represented the landlords in both transactions.
The details of the transaction are as follows:
• Carestream Medical LLC, represented by CRESA Orlando, leased 4,556 square feet at Northlake Business Park.
Northlake Business Park is a 270,000-square-foot, campus-style office park at 774 South Northlake Boulevard. It is near Interstate 4 as well as numerous restaurants and hotels.
• Web Solutions, represented by Acquisitions Consultants, leased 4,118 square feet at Premier Point South.
The three-story Premier Point South is part of a two-building office complex that totals 95,403 square feet. The complex also is close to Interstate 4, as well as Florida Hospital, Altamonte Mall and many restaurants.
“The office market in Altamonte Springs has proven to be a sluggish one, but Robert and the team in our Orlando office have done an outstanding job of finding the right tenants for our landlord clients there, ensuring that these clients continue to enjoy reliable income streams from their assets,” said Scott Stahley, senior vice president for Lincoln who manages the Orlando office.