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| Phantom Fireworks’ Showroom 2110 West Colonial Drive, Orlando, FL |
ORLANDO, FL --- Hold
Thyssen, Inc., a full-service commercial property firm
based in Winter Park, has completed an 11-year lease agreement for the 18,200
square foot former Orlando DMV Tag Office.
Consummation
of the deal followed an extended due diligence period, protracted permit approvals,
followed by $1 million+ build-out, all of which was completed in time for the
retail comeback and 4th of July.
 |
| Martin Forster |
Martin
Forster CCIM, senior director
of Hold-Thyssen, negotiated the transaction representing the building’s
landlord, Daikim of Western Way Center , LLC.
“The
tenant was seeking premises to meet their need of a high-profile, central
location in the Orlando market,” Forster said.
“The
terms of the lease were agreed to in 2019, but a long due diligence and a slow
permitting process, thanks to the 2020 shutdown, pushed the actual closing to
December of last year,” he said, adding, “That’s when transformation of the
large vacant office building into a retail outlet and storage area got into
high gear.”
 |
| Greg Kainz |
Phantom Fireworks’ Showroom finally opened on June 18, at 2110 W. Colonial Drive .
Greg Kainz of Winter Park-based Commercial Equity Partners represented the tenant, Phantom Fireworks Showrooms, LLC.
Hold-Thyssen provides commercial property brokerage, leasing and management services to institutional and private investor clients nationwide. The 40-year-old firm’s current management portfolio includes more that 100 commercial properties throughout the United States .
CONTACTS:
Anthony
Fisher, Vice President, Hold-Thyssen Real Estate Services,
407-691-0505, afisher@HoldThyssen.com
Robert P. Hold, Principal, Hold-Thyssen,
Inc.
407-691-0505, bhold@HoldThyssen.com
Beth Payan, Larry Vershel Communications Inc.
407-644-4142 beth@larryvershel.com
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