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| Nan McCormick |
ORLANDO, FL (July 5, 2016)
– Lincoln Property Company (Lincoln), the developer for the 28-story Tremont Plaza in downtown Orlando,
Florida, is pleased to announce its anchor tenant, FAIRWINDS Credit Union, the
largest Orlando-based financial institution with $2 billion in assets.
Nan McCormick
of CBRE represented FAIRWINDS in the transaction.
“We’re pleased to be
growing as a financial institution and expanding our presence in downtown
Orlando,” said Larry Tobin,
president and CEO of FAIRWINDS Credit Union. “We look forward to the
development that Tremont Plaza will bring to our beautiful city, including
jobs, local business, and tourism.”
Tremont Plaza, a mixed-use
high-rise located on the “gateway corner” of Garland Ave. and South St., will
include retail, restaurant, and banking space in the lobby, approximately 650
parking spaces in 10 levels of structured parking, seven levels of office space
totaling more than 200,000 square feet, and an eight-story, 180-room AC Hotel
by Marriott.
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| Scott Stahley |
“Tremont Plaza will offer
a prime location in an office market that has been experiencing a wealth of
leasing activity, but hasn’t had new office space since Lincoln built 111 North
Magnolia almost a decade ago,” said Scott
Stahley, senior vice president of Lincoln.
The plans also include
incorporating a new Sunrail platform for Church Street Station inside the
building, providing for a ‘Grand Central Station’ type of feel and arrival,
which will offer future access to Orlando International Airport and
connectivity to Miami CBD via All-Aboard Florida’s high-speed train.
“It’s become apparent that
this unprecedented transit-oriented development, centrally located in the CBD,
coupled with its lifestyle hotel as an amenity, will make the property very
appealing to not only start-up and tech companies who are seeking to attract
and retain top talent, but typical office tenants and hotel guests as well,”
Stahley added.
For a complete copy of the company’s news release,
please contact:
Savannah Durban
The Wilbert Group
404-343-0870
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