Mohawk Industries Takes Down 46,002 SF

ORLANDO-Mohawk Industries has inked a 46,002-square-foot lease at 7320 Kingspointe Parkway. Calhoun, GA-based Mohawk Industries manufacturers carpet, rugs, hardwood floors, laminate, ceramic tile, and vinyl flooring.   Moses Salcido, principal of Orlando-based Southern Commercial Real Estate Advisors, represented the landlord, Crownpointe Buildings LLC. Kaycee Kapels, a vice president at Jones Lang LaSalle in Jacksonville, represented Mohawk Industries. Salcido did not return calls seeking comment on the deal.

Kapels did not reveal the specific terms of the Mohawk deal, but she tells GlobeSt.com that she’s still seeing strong concessions from the landlords, especially with credit tenants. The negotiating goal is still one month per year of the lease term for rent abatement, she says, along with very generous tenant improvement allowances.