Wednesday, December 2, 2009

NAI Realvest negotiates Expansion lease for 4,620 square feet of office space at University Center at the Quadrangle – Occupancy now 100 Percent

ORLANDO, Fla. — NAI Realvest recently negotiated an expansion lease agreement that brought the occupancy to 100 percent at University Center at the Quadrangle in east Orlando.

Senior Associate Mary Frances West CCIM, brokered the transaction representing the landlord, Jebden, LLC of Orlando and the tenant, Orlando-based ProActive Technologies, LLC, who leased suite 200 with 4,620 square feet at 11825 High Tech Ave.

The lease facilitated the expansion of ProActive Technologies, who also leases 4,595 square feet on the first floor, which brings its total occupancy in the building to 9,125 square feet.

For more information, please contact:
Mary Frances West, CCIM, Senior Associate NAI Realvest, 407-875-9989 MWest@realvest.com;

Patrick Mahoney, President, NAI Realvest, 407-875-9989 pmahoney@realvest.com;

Beth Payan or Larry Vershel, Larry Vershel Communications, 407-644-4142 lvershelco@aol.com

About NAI Realvest:
NAI Realvest, covering all of Central Florida, is a fully integrated commercial real estate operating company specializing in brokerage, development, investment, leasing and management, consulting and research services in the U.S. and worldwide. NAI Global is an international commercial real estate network with over 325 offices spanning the globe. Since 1978, clients have built businesses on the power of NAI Global’s expanding network. Extensive services include multi-site acquisitions and dispositions, sublease, tenant representation, lease administration and audit, investment services, due diligence and related consulting and advisory services. To learn more, visit www.NAIRealvest.com.

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