LPC Secures 10-year Lease at 2501 Discovery Lakes

Lincoln Property Company Southeast recently secured a 10-year lease with VaxDesign Corporation at 2501 Discovery Lakes in Orlando, Fla.

A subsidiary of Sanofi Pasteur, VaxDesign is one of the leading research corporations studying the human immune system. VaxDesign leased a 34,318-square-foot space in the Discovery Lakes building located in the Central Florida Research Park. Adjacent to the University of Central Florida, this class B office building features lake views and a landscaped, park-like setting.

“Over the last year, LPC Southeast’s Orlando office has completed over 225,000 square feet of deals in the university research submarket,” said Jay Dixon, vice president with LPC.

Dixon represented the owner and Steve Coughlin with Coughlin Commercial and Louis Kluger with ZM Zell Partner represented the tenant in this transaction.