ORLANDO-AOI Medical has inked a lease for 10,220 square feet of office and lab space in the University Corporate Center in Winter Park. AOI Medical is a startup medical device company that recently raised $2.92 million from angel investors.
Joe Abascal, an associate in Cushman & Wakefield, represented the AOI Medical in a long-term deal. Grubb & Ellis represented University Corporate Center. AOI Medical develops orthopedic medical devices for the spine and trauma markets, including the Ascendx system to treat vertebral compression fractures.
“AOI Medical moved from the Central Florida Research Park,” Abascal tells GlobeSt.com. “Their investors felt they could reduce costs in certain areas and real estate was one of them. Ultimately, it was more affordable for AOI Medical to move into this building than to stay in the research park.”
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