Wednesday, November 17, 2010

Grubb & Ellis|Commercial Florida Negotiates Long Term Leases totaling 21,493 square feet at Two Orlando Office Buildings


ORLANDO - Grubb & Ellis|Commercial Florida, associated with 130 Grubb & Ellis offices worldwide, recently negotiated two long-term office leases for a total of 21,493 square feet in Orlando.   

 Anne Deason Spencer (top right photo) vice president of the Office Services Group at Grubb & Ellis|Commercial Florida, negotiated both transactions representing the local tenants. 

The Devereaux Foundation, who provides services to children with health or developmental disabilites, has renewed its lease of 17,549 square feet at Citadel I, 5850 TG Lee Blvd. in southeast Orlando.    Penn-Florida Realty Corp. is the Orlando-based landlord for the 26-year old, 150,000 square foot building, which is currently 86 percent leased.

Spencer also represented Currency Exchange International, in a new lease agreement for 3,944 square feet at Millenia Park One, 4901 Vineland Rd. in southwest Orlando

 The tenant provides its services to retail or hospitality related companies who have international trade or clientele.   The landlord for the 10-year-old, 157,000 square foot building is MIL Owner, LLC and was represented in the transaction by Emily Zinaich (middle left photo) of Morrison Commercial Real Estate.. 

Contacts:
Anne Spencer, 407-481-5411, aspencer@commercialfl.com
Jeff Sweeney, 407-481-5387, jsweeney@commercialfl.com
Larry Vershel 407-644-4142  

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