X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

(Carl Cronan is editor of Real Estate Florida.)

ORLANDO-Locally based cable television channel Sun Sports is expanding its office and studio space by approximately 20% under an early lease renewal at Gateway Center. The five-year deal entails 12,876 square feet in the upper floors of the 17-story Downtown building.

Sun Sports, which originated in 1988 as Sunshine Network, has been a tenant in Gateway Center since 2003, when it opened new studios and began developing original programming aimed at Florida sports fans, along with carrying Fox Sports Net programs. The 2,850-square-foot expansion will be used as additional TV production space, says Greg Morrison, the building’s leasing representative and principal of Morrison Commercial Real Estate in Orlando.

“They are an exciting tenant and we’re glad that they are growing with us,” Morrison tells GlobeSt.com. Terms of Sun Sports’ new lease were not disclosed, but asking rents at the building are listed at $27.50 per square foot.

Located at 1000 Legion Place, near North Orange and Garland Avenues, the 228,000-square-foot Gateway Center opened in 1989 and is above 80% occupied. Jackson, MS-based Parkway Properties Inc. bought the building last year for $55 million, or $240 per square foot.

Orlando-based Grubb & Ellis/Commercial Florida represented Sun Sports in the lease negotiation. Andy McCaw, senior vice president, and Anne Deason, associate vice president, handled the deal.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.