Flagler and Schwartz officials couldn't be reached at GlobeSt.com's publication deadline to learn terms of the lease. But area brokers familiar with the office and flex-space submarket along John Young Parkway in south Orlando tell GlobeSt.com on condition of anonymity the lease has an estimated 10-year term at an estimated aggregate value of $15 million or about $20 per sf.

Comparable space is currently renting for an estimated $22 per sf, area brokers who have done recent deals in the airport submarket, tell GlobeSt.com.

GlobeSt.com previously reported that Triton plans to liquidate or sell its assets after suffering a $40.6 million, first-half loss and a loss of $21.9 million or 62 cents per share in fourth quarter 2000. Triton made high-speed wireless components used in office buildings.