Robert Kellogg |
ORLANDO, FL – 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.
Scott Stahley |
“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.”
Dallas-based Lincoln Property Company is one of the nation's
largest diversified commercial real estate companies, employing over 6,000
people.
Since its inception in 1965, Lincoln has developed over 34
million square feet of commercial office space, over 6 million square feet of
specialty retail space and 49 million square feet of industrial space.
Also a leader in
owned and fee management, Lincoln currently manages over 145 million square
feet of commercial property.
For more information
on the Southeast Region of Lincoln Property Company, please visit lpcsoutheast.com.
To check out the blog, go to http://blog.lpcsoutheast.com.
For a complete copy of the company’s news release, please
contact:
Stephen Ursery
The Wilbert Group
404-405-2354
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