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| Airport Business Center, Orlando, FL |
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| Sean Dupree |
ORLANDO, FL (Feb. 13, 2014) – Lincoln Property Company
Southeast (Lincoln) brokered twenty-three leases and renewals totaling 62,354
square feet in 2013 in a portfolio of three metro Orlando flex/office
properties that the firm leases and manages on behalf of landlord Garrison
Investment Group.
The portfolio
consists of the Airport Business Center in Orlando, a six-building
property totaling 176,894 square feet of office and warehouse space; Longwood
Business Center in Longwood, which consists of seven buildings and totals
130,868 square feet of office and warehouse space; and NorthLake Business
Center, a two-building property in Altamonte Springs totaling 80,948 square
feet of office and warehouse space.
The tenants were represented by brokers from several firms,
including Cresa Orlando, Cassidy Turley and Adler Realty Services.
"We are extremely excited about the level of leasing
activity we generated at these properties," said Sean DuPree,
director of sales and leasing for Lincoln. "These transactions are not
only testimony to our good relationships with brokers throughout the Orlando
market, but also to the extensive capital improvements we made to the
properties in 2012 and 2013."
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| Longwood Business Center, Longwood, FL |
The upgrades
included the installation of "make ready" suites, improved
landscaping, directional signage, pressure washings and the painting of
buildings and sidewalks.
At Longwood, new roofs were installed on five buildings, and
an onsite leasing office was opened.
At Northlake, new HVAC units were placed
on one of the buildings, and the parking lot was repaved. Improvements at
Airport included significant roof repairs, and the sealing and restriping of
the parking lot.
Garrison Investment
Group purchased the three-property portfolio in late 2012.
For a complete copy of the company’s news release, please
contact:
Sean DuPree
Lincoln Property Company
407-872-3538
.
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