Average asking rents are $15 per sf to $17 per sf. At Shoppes of Eastwood, H&R Block renewed 975 sf for three years at an estimated value of $46,800. GNC, the vitamin/herbal specialty retailer, renewed 1,200 sf for five years at Chickasaw Trails at an estimated value of $96,000.
Simply Wireless signed a five-year lease for 1,284 sf valued at an estimated $102,720 at Altamonte Festival in suburban Altamonte Springs, FL. Simply Wireless also signed a five-year lease for 1,200 sf valued at an estimated $96,000 at Columbia Promenade in Kissimmee, FL. Low Ball Louie, a tobacco products retailer, is taking 1,100 sf for five years at an estimated value of $88,000 at Goldenrod Groves in suburban Winter Park, FL.
Young handles leasing/marketing for 2.5 million sf of neighborhood shopping centers in Central Florida. She is also director for Commercial Real Estate Women in Orlando. Young recently received a 2000 Central Florida Real Estate Society Circle of Achievement Award and was named the organization's Rookie of the Year.
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