(Crystal Proenza is associate editor of Real Estate Florida.)

ORLANDO-SoDo, Downtown Orlando's $100-million mixed-use development, has gained an anchor tenant at its 75,000-square-foot office component. Orlando Orthopaedic Center has signed a 15-year lease to occupy 45,000 square feet at the building on South Orange Avenue between Grant and Crystal Lake Streets by late 2009. This is the first tenant signed at the building.

"Orlando Orthopaedic Center is very excited about the relocation of its downtown clinical and corporate offices to the new SoDo development," said the medical tenant's executive director, Kevin Joyce. "Our practice believes that the move to SoDo offers a significant enhancement in convenience for patients, employees and the community with SoDo's great location, ample parking and ability to access the variety of retail stores and restaurants."

Orlando Orthopaedic Center specialize in spine, joint replacement, hand, oncology, pediatrics and sports medicine, and has five locations throughout Central Florida. The tenant was represented by David Chapin with Grubb & Ellis, while Emily Zinaich with Morrison Commercial Real Estate represented the Hyde Park, NY-based developer in the lease transaction.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.