Lincoln Property Company Southeast Brokers Two Office Leases Totaling More than 24,000 Square Feet in Metro Orlando
Lincoln Property Company Southeast has brokered the leases of more than 24,000 square feet of metro Orlando office space.
The leases include the following transactions:
• 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.
Jay Dixon, vice president, office, for Lincoln Property Co. Southeast, represented the landlord, Parkway Properties. Lawson Dann of Morrison Commercial Real Estate represented the tenant.
• 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.
“The metro Orlando office market continues to improve, and we have seen the market’s vacancy rate drop steadily in recent quarters,” Dixon said. “These two leases are great examples of the quickening activity in the area.”