Tuesday, March 10, 2009

Morrison Commercial Real Estate Completes 42,334-SF Lease at University Corporate Center III, Orlando, FL

ORLANDO, FL (Mar. 10, 2009): Greg Morrison, CCIM, SIOR, Principal of Morrison Commercial Real Estate, announces the completion of an office lease totaling 42,334 square feet at University Corporate Center III, (bottom right photo) located in the Quadrangle Business Park at 11474 Corporate Boulevard, Orlando, Florida.

Greg Morrison (top left photo) and Emily Zinaich (top right photo) of Morrison Commercial Real Estate negotiated the lease on behalf of the landlord, Opus Real Estate FL VII UCC3, L.L.C.


The tenant, Northrop Grumman Systems Corporation was represented by Christopher Sproles of CB Richard Ellis.

Morrison noted that “The University Submarket” is one of the office submarkets in the Orlando area that is still seeing positive leasing activity. This is largely due to the fact that it is the hub for the “Simulation Training Industry.”

Northrop Grumman Systems Corporation is a leading global security company whose 120,000 employees provide innovative systems, products, and solutions in aerospace, electronics, information systems, shipbuilding and technical services to government and commercial customers worldwide.

Contact: Marylyn Tryon, Phone: 407.219.3500. Email: mtryon@morrisoncre.com

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