Friday, October 4, 2013
Emerson International negotiates two leases that total more than 15,000 square feet of Class A office space
Altamonte Springs, Fla. --- Emerson International recently closed on two office lease agreements that total more than 15,000 square feet of space in the Centerpointe II office building located at 220 E. Central Parkway in Altamonte Springs.
Kenneth Koch, director of leasing, negotiated both lease agreements representing Emerson International, landlord and developer.
Quinstreet Inc., A, Calif. company that ranks as one of the largest Internet marketing services companies in the world, is moving its Orlando area office into a 9,015-square foot suite in Centerpointe II. Todd Davis of Colliers International represented Quinstreet.
Travel Holdings, Inc., a global tour and travel broker, expanded its premises at Centerpointe II by 6,207 square feet and now occupies a total of 34,747 square feet. Travel Holdings’ Orlando regional headquarters operates in 13 languages.
The Emerson International portfolio of office properties totals more than 1.2 million square feet of Class A space in Orlando, Winter Park, Maitland, Altamonte Springs and Longwood.
Koch said Emerson’s portfolio is currently 82 percent occupied, a major increase over the 76 percent occupancy reported on January 1.
“We are seeing a significant uptick in leasing activity throughout the portfolio which spreads across the Orlando region and all market segments,” Koch said.
“We attribute much of our occupancy growth to the improving economy both nationally and locally with a positive response to capital improvements made to properties throughout the Orlando portfolio,” Koch said.
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