In a market with 6.9 million sf of vacant space and a vacancy level of 14.7%, Hancock Information Group is taking 26,570 sf at Maitland 200 in Maitland Center at an estimated total rent of $2.79 million. Sarah M. Castor, a co-founder of Strictly Commercial with broker John Gay, negotiated for Hancock. Richard Krepak of Keystone Commercial Properties represented the owner.
In a separate transaction, Castor represented Mortgage Direct in leasing 5,200 sf at 555 Winderley in Maitland Center for five years at an estimated total rent of $546,000. Paul Reynolds of Trammell Crow Co. negotiated for the owner.
At the 111 N. Orange Building in Downtown Orlando, the law firm of Cooney, Mattson, Lance, Blackburn, Richards & O'Connor leased 4,014 sf for five years at an estimated total rent of $401,000. Kathy Lesiuk of Strictly Commercial negotiated for the lawyers. Lou Payas of USAA Realty Co. represented the owner.
Mobile Wellness is taking 2,000 sf for three years at the Winter Park Business Center at an estimated aggregate rent of $108,000. Payas represented the owner. Kenneth Koch of Strictly Commercial negotiated for Mobile Wellness.
© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.