Fidelity will use the industrial space for storing its business records.
The average quoted rent at the two-year-old, 85%-leased park is $4 net. Company officials couldn't be reached at GlobeSt.com's publication deadline to learn the value of the lease. But area brokers tell GlobeSt.com the estimated aggregate value of the lease is $1.35 million.
John L. Gay, president, Strictly Commercial Inc., Orlando, negotiated for Fidelity National. Kevin Hoover and David Murphy of CB Richard Ellis Inc./Orlando represented the owner, CalEast Industrial Investors LLC of Chicago.
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