Saturday, May 3, 2008

Crescent Resources Negotiates Lease for 29,550SF of Office Space at Primera in Lake Mary, FL

(Aerial photo of Primera development, off Interstate 4 and Lake Mary Boulevard, Lake Mary, FL, 20 miles north of Downtown Orlando)


LAKE MARY, FL – Crescent Resources has negotiated a lease transaction for 29,550 square feet of office space at 255 Primera Blvd., in Primera Five, (photo at right) located off I-4 and Lake Mary Blvd. in Lake Mary.

Ida W. Rood,(top left photo) CCIM vice president of leasing for Crescent Resources in Florida, negotiated the lease agreement representing the landlord ACPDLF, LLC., based in Boca Raton.

Broker Jim Garvey of CLW Real Estate Services Group, participated in the transaction representing the tenant, Paychex Time and Attendance, Inc. of Rochester, NY, a division of Paychex, Inc., who previously occupied 17,100 square feet in the building.

For more information, please contact:

Ida W. Rood, CCIM, Crescent Resources LLC, 407-472-3383, iwrood@crescent-resources.com
Larry Vershel or Beth Payan, LV Communications, Inc., 407-644-4142, (Fax 644-4410)

Crescent Resources is a joint venture between Duke Energy and Morgan Stanley Real Estate Fund. Crescent’s formation in 1969 to its position today as a real estate force in the Southeast and Southwest remains a dominant development and land management company comprised of dedicated people with uncompromising integrity. More information about Crescent Resources is available on the Internet at http://www.crescent-resources.com/

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