ORLANDO—ThyssenKrupp Materials just swapped spaces. The firm’s copper and brass sales division needed a larger, more modern facility and did what many other industrial space users did in 2011—upgraded.

Deborah Mickler and Forrest Askew of Colliers International Central Florida and Pete Kepic of Colliers International Detroit represented ThyssenKrupp Materials in the five-year lease. Dan Colletto of Liberty Property Trust and Paul Sabga represented the landlord, Liberty AIPO Limited Partnership.

“While the vacancy is still high, national tenants are taking advantage of the market to move to much more functional buildings at today's good rates,” Mickler tells GlobeSt.com. ThyssenKrupp needed a 28- to 30-foot ceiling height and 50-by-50-foot column to increase efficiency. The company settled on 44,680 square feet of warehouse space at 2487 Tradeport Dr. in Orlando. Only four properties in the search met ThyssenKrupp’s requirements.