World Trade Center Orlando

In addition to releasing the cost, Sutton also tells GlobeSt.com that companies have signed on for 150,000 sf at the office property. The tenant roster includes the Keys Group, which is taking 20,000 sf, and a trade showcase company, which is taking 30,000 sf, he says. Both leases are for 10 years, Sutton adds.

Sutton had previously said the rents for the office space were in the mid-$20s for a net lease, as GlobeSt.com previously reported. He added the marketing efforts are spanning the globe.

Construction on World Trade Center Orlando is set to begin in early 2008, with completion set for summer 2009. Sutton explains the construction timeline is short because the towers, which will rise at the same time, are all-steel buildings, not concrete. The Downtown complex will consist of multi-use towers on a single base--one rising 25 stories and the other 28 stories. The complex will include class A office space with executive suites, retail, banking, restaurants and a health club.