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ORLANDO-With its area business growing rapidly, Fidelity National Title Insurance Co. of New York has leased 67,630 sf for five years at the four-building, 434,398-sf Cypress Park East business park in south Orlando.

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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