Monday, February 1, 2010

Grubb & Ellis|Commercial Florida negotiates new long-term renewal lease for 5,000 square feet at Metric Plaza in Winter Park

ORLANDO - Grubb & EllisCommercial Florida, associated with 130 offices worldwide, recently completed a long-term renewal agreement for 5,000 square feet at 4202-4208 Metric Drive in Metric Plaza, an office/flex development located off University Blvd. and S.R. 436 in Winter Park.

Robert Kellogg, CCIM vice president in the Office Services Group at Grubb & EllisCommercial Florida represented the tenant, Winter Park-based DMC Components International, LLC., who renewed the lease of suite 4202 for five years. The 16,000 square foot building which was built in 1985 is 100 percent leased.

The landlord, DA Metric LLC of Rahway, N.J., was represented by Tom McFadden of Southern Commercial Real Estate.
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About Grubb & EllisCommercial Florida:
Grubb & EllisCommercial Florida is an affiliated commercial real estate services firm specializing in the leasing and sale of office, industrial, retail, land and investment properties. Currently Grubb & EllisCommercial Florida has 40 brokers divided among its Orlando, Melbourne and Tampa offices to serve the entire mid-Florida marketplace.

About Grubb & Ellis:
Named to The Global Outsourcing 100™ in 2009 by the International Association of Outsourcing Professionals™, Grubb & Ellis Company (NYSE: GBE) is one of the largest and most respected commercial real estate services and investment companies in the world. Our 6,000 professionals in more than 130 company-owned and affiliate offices draw from a unique platform of real estate services, practice groups and investment products to deliver comprehensive, integrated solutions to real estate owners, tenants and investors. The firm’s transaction, management, consulting and investment services are supported by highly regarded proprietary market research and extensive local expertise. Through its investment subsidiaries, the company is a leading sponsor of real estate investment programs that provide individuals and institutions the opportunity to invest in a broad range of real estate investment vehicles, including public non-traded real estate investment trusts (REITs), tenant-in-common (TIC) investments suitable for tax-deferred 1031 exchanges, mutual funds and other real estate investment funds. For more information, visit www.grubb-ellis.com.

Contacts:
Grubb & EllisCommercial Florida, 315 E. Robinson St. Suite 555, Orlando, FL 32801, www.commercialfl.com;
Robert Kellogg, CCIM, 407-481-5408, rkellogg@commercialfl.com;
Jeff Sweeney, SIOR 407-481-5387

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