Tuesday, August 17, 2010

Stirling Commercial Group Hopes to Spark Bidding War on Highrise Naming Rights for Former Southern Bank Building in Downtown Orlando

ORLANDO - Stirling Commercial Group, exclusive leasing agents for the former Southern Bank Building (top left photo) at 250 N. Orange Ave. in downtown Orlando, hopes to spark a bidding war for the rights to name the 16-story highrise that boasts excellent visibility from I-4 and 8,000 square feet of vacant ground level space.

Stirling Commercial associates John Kurtz and James Mincy are scheduling conferences with some of the nation’s biggest banks this month, said Roger Soderstrom, founder and owner of Stirling Commercial Group.

Two weeks ago Stirling Commercial Group announced it had leased the 7,200 square foot 10th floor of the building to Solar Smart, LLC, an affiliate of Emory Development and Electric Inc., of Maitland and one of the leading providers of alternative energy devices in the U.S.

“Despite a nationwide real estate downturn, naming rights for highrise downtown properties offer substantial value to landlords,” Kurtz said.

“We are talking to banks, and the building is perfect for a major banking operation with the available ground level space formerly occupied by Old Southern, but other companies are just as likely to take an interest with the naming rights on the table,” Soderstrom said.

The building can accommodate multiple full floor plates of office space making it an ideal Florida headquarters for a national bank, Kurtz said.

For more information, contact:
James A. Mincy or John Kurtz, Sales Associates, Stirling Commercial Group 407-581-5550;
Roger Soderstrom, Owner/Founder Stirling Commercial Group, 407-581-7890;
Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-6142

No comments: