JV Completes 30,000 SF Lease With AT&T

JLL announced that a joint venture between Tower Realty Partners and TriGate Capital  has  completed a 30,000-square-foot lease with AT&T, Inc. at Contact Pointe, a 93,000-square-foot office building in Lake Emma Corporate Park. Contact Pointe is located at 3210 Lake Emma Road in Lake Mary.

JLL Managing Director John Gilbert and JLL Vice President Darryl Hoffman represented the landlord, Tower Realty Partners and TriGate Capital, in the transaction.

“Contact Pointe continues to appeal to top-tier tenants with its high parking ratio and large amount of contiguous office space available,” said JLL’s John Gilbert. “This absorption will leave Contact Pointe with one remaining block of space to lease. This space is the only available block in Lake Mary above 20,000 square feet with a parking ratio of 6 spots per 1,000 square feet, which is the highest parking ratio north of Downtown Orlando.”

As Contact Pointe’s newest tenant, AT&T will occupy the first floor and the space will be home to approximately 180 employees. Technology companies and call centers comprised 36.6% of expansions and overall transactions in the Orlando area in the second quarter of this year, JLL’s Q2 Office Insight report shows. The footprint of these tenants has increased by 54.8% year-over-year at a time when Central Florida’s technology industry is projected to experience further growth.

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