Friday, February 8, 2013

NAI Realvest negotiates new expansion lease of 17,688 square feet at Semoran CommerCenter for Magellan Behavioral Health

ORLANDO, Fla. – NAI Realvest recently negotiated a new lease agreement for 17,688 square feet of office/warehouse space in Suites 7 through 9 in Building A of Semoran CommerCenter, 6870 Shadowridge Drive in southeast Orlando. Robert Blackwell SIOR, principal at the firm, brokered the transaction representing the landlord, Semoran Commerce Center LLC based in Timonium, Md. The tenant, Magellan Behavioral Health Inc. already occupied Suites 10 and 11 in Building A at the industrial center. With its expansion, the Avon, Connecticut based firm now occupies a total of 27,867 square feet at Semoran CommerCenter. The tenant was represented by Jamie Barati of Colliers International and Jamie Smith of Cassidy Turley in Baltimore, Maryland. 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.

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