CBRE Secures Largest Lease Transaction In Millenia Submarket In Five Years

Jul 24, 2013 No Comments by

PulteGroup’s North Florida Division has signed a lease on 23,000 square feet of office space at Millenia Park, located at 4901 Vineland Road in Orlando.

The lease will allow the division to move from its current location at 2301 Lucien Way in Maitland to their new office in August 2013.

This new lease is one of the largest lease transactions in the Millenia submarket in the last five years.

“This new lease marks a significant milestone for Pulte in Orlando,” said Chris Sproles, Senior Vice President, CBRE’s Global Corporate Services. ”Pulte moved from Millenia Park to Maitland in 2010 as a result of a pre-existing lease. This move to Millenia Park allows them to return home to a well-positioned building, improves their office space efficiency, allows them to better serve their clients and continue to pursue their growth strategy in Orlando.”

In its return to the Southwest Orlando submarket, Pulte will re-establish its I-4 signage and provide a centrally located hub for its Central Florida operations. The new space will accommodate approximately 100 employees.

Built in 2000, Millenia Park I is a 6-story office building in a planned suburban office complex in southwest Orlando. The building is located just west of Interstate 4 and south of Conroy Road with convenient access to the Millenia Mall, numerous restaurants and high-end retail.

Chris Sproles, Senior Vice President, and Jamie Dingeman, First Vice President, both with CBRE’s Global Corporate Services represented Pulte Home Corporation. The landlord, Parkway, was represented by Morrison Commercial.

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Industry News, NA, Office
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