The SYGMA Network, Inc. has renewed two long-term industrial leases at TLF Properties in Orlando. This includes 120,000 square feet at 6375 Emperor Drive and 49,000 square feet at 6217 Emperor Drive. Cushman & Wakefield industrial specialists Jared Bonshire, Lee Morris and David Perez, based in the company’s Orlando office, negotiated the renewals on behalf of the landlord. CBRE’s David Murphy served as tenant broker. A subsidiary of Sysco Corporation, the largest food service marketer and distributor in North America, SYGMA provides food and non-food products to the chain restaurant industry. The firm has been located at the Emperor Drive properties for more than 15 years.
“SYGMA approached us to renew its co-terminus leases, and we were happy to accommodate this valued, long-time TLF tenant,” Bonshire noted. “The retention of companies in the Orlando Central Park submarket, and the region’s continued draw for organizations looking to establish a presence here has resulted in compressed industrial vacancies and overall strong fundamentals.”
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