Wednesday, June 6, 2012

NAI Realvest Negotiates New Lease with MSC Industrial Supply at Semoran CommerCenter Phase I

ORLANDO, Fla. – NAI Realvest recently negotiated a new lease agreement for 7,785 square feet of industrial space in Suites 3 and 4 at 6830 Shadowridge Drive in the Semoran CommerCenter in southeast Orlando.

Robert Blackwell SIOR, principal at the firm, negotiated the transaction representing the landlord, Semoran Commerce Center LLC based in Timonium, Md. MSC Industrial Supply is the new tenant and was represented by Matt Sullivan and Bobby Isola of Colliers International.

Semoran CommerCenter Phase I – consisting of Buildings A and B with a total of 119,533 square feet – is currently 92 percent leased with only 10,096 square feet remaining in Building A. Phase II is now under development.

Semoran CommerCenter is being developed by Semoran CommerCenter LLC a joint venture between Bavar Properties Group and Realvest Development with 190,000 square feet of flex-warehouse space on an 18-acre site off SR 436 near Orlando International Airport.

About NAI Realvest:
NAI Realvest in Orlando, serving 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 350 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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