Cushman & Wakefield has negotiated a new, 17,000-square-foot lease on behalf of Further, a leading administrator of health savings and spending accounts, at Cardinal Point at Lake Ellenor in Orlando. The Eagan, Minnesota-based company is new to the Orlando market and will create approximately 100 new jobs for the area. The Cushman & Wakefield team of Director Colin Morrison, Senior Director Robert Kellogg, CCIM, and Senior Director Todd Davis, CCIM, SIOR, represented Further in the lease negotiations. The landlord is Tampa-based Cardinal Point Management, represented by its own David Moskovitz. At 5900 Lake Ellenor Drive, Cardinal Point at Lake Ellenor is an eight-story, 132,991-square-foot, Class A office building located just south of Downtown Orlando in Orlando Central Park. The location offers convenient access to Interstate 4, Florida’s Turnpike and the 408 East-West Expressway. The building has been completely renovated with significant updates to the lobby, common areas and restrooms as well as a new, state-of-the-art electronic directory and new monument signage.
“Further engaged Cushman & Wakefield to secure quality space in the Central Florida market that met its economic and growth needs within a tight timeline,” said Morrison. “We were pleased to be able to negotiate a favorable deal at Cardinal Point at Lake Ellenor, which easily met Further’s unique business requirements.”
Further plans to take occupancy of the new space before the end of this year.
Added Kellogg, “With its exceptional population and job growth paired with strong commercial real estate fundamentals, Orlando has become increasingly attractive to major professional services companies, and this lease is indicative of that. We are pleased to welcome Further to our market.”
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