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Central Florida
Lake Mary Office Market | Class A
FLOOR-BY-FLOOR SPACE ANALYSIS / FEBRUARY 2015
COLLIERS INTERNATIONAL | CENTRAL FLORIDA
Lake Mary Office Market | Class A
FLOOR-BY-FLOOR SPACE ANALYSIS | FEBRUARY 2015
Central Florida
FLOOR Direct Sublease
5 12,287 28,000 31,678
4 9,942 10,467 16,005 20,992
3 13,707 6,386 4,261 17,494
2 10,557 20,469 20,240 7,176 12,104
1 7,753 4,495 8,267 15,000 6,816 3,548 712
Total Bldg Size (RSF) 108,272 108,499 108,500 117,760 157,358 1153,569 155,203 122,655
Asking Rates
$22.00/FS $22.00/FS NA $22.00/FS Withheld 23.50/FS 23.50/FS
21.50/Net of
Electric
Avg. Floor Plate 21,654 27,125 21,700 23,552 31,472 30,714 31,041 30,664
Avail. Space (RSF)
54,246 0 45,589 0 0 0 40,150 0 43,005 0 34,984 31,618 21,042 0 12,816 0
Occupancy (%) 49.9% 57.98% 100% 65.60% 72.67% 77.22% 86.44% 86.44%
Northpoint I
1025 Greenwood
Boulevard
Northpoint II
1035 Greenwood
Boulevard
Northpoint III
3300 Exchange
Place
Northpoint IV
1064 Greenwood
Boulevard
Bellsouth Building
1101 Greenwood
Boulevard
Colonial Center 100
100 Colonial Center
Parkway
Colonial Center 200
200 Colonial Center
Parkway
Colonial Center 300
300 Colonial Center
Parkway
1 2 3 4 5 6 7 8
FLOOR
6
5 11,030
4 4,967 2,854 11,241 4,265
3 8,866 2,380 12,452
2 8,972 24,345 12,120 18,031 30,626 4,523
1 19,866 10,239 9,249 8,392 250 2,068
Total Bldg Size (RSF) 175,674 199,585 152,270 154,346 152,928 122,056 190,081 171,650
Asking Rates
Withheld 23.50/FS 23.00/FS 23.00/FS $22.00/FS 23.00/FS $23.00/FS 23.50/FS
Avg. Floor Plate 35,135 49,896 25,378 25,724 25,488 30,514 31,680 57,217
Avail. Space (RSF)
28,847 0 24,355 0 13,844 0 36,255 0 29,660 0 62,725 0 8,788 250 2,084 0
Occupancy (%) 83.58% 87.80% 90.91% 76.51% 80.61% 48.61% 95.38% 98.79%
400 Town Park
400 Colonial Center
Parkway
Colonial Center 600
600 Colonial Center
Parkway
Tower I at Primera
610 Crescent
Executive Court
Tower II at Primera
615 Crescent
Executive Court
Primera III
605 Crescent
Executive Court
Primera IV
300 Primera
Boulevard
Primera V
255 Primera
Boulevard
Crescent at Primera
1000 Primera
Boulevard
9 10 11 12 13 14 15 16
5
4 33,795 3,580
3 5,381 14,851 33,748 4,035 2,818
2 17,748 7,077
1 6,686 900 7,807 4,989 28,434 5,000
Total Bldg Size (RSF) 71,152 86,842 100,821 126,570 150,567 178,241 192,159
Asking Rates
$18.50/FS $22.00/FS $22.00/FS $22.00/FS Witheld $22.00/FS $22.00/FS
Avg. Floor Plate 23,717 21,711 25,205 31,643 30,113 44,560 38,432
Avail. Space (RSF)
29,815 0 7,807 0 26,917 0 95,997 0 0 5,000 4,035 2,818 3,580 0
Occupancy (%) 58.10% 91.01% 73.30% 24.16% 100% 97.74% 98.14%
Heathrow 1
250 International
Parkway
300 Heathrow
300 International
Parkway
400 Heathrow
400 International
Parkway
701 Heathrow
701 International
Parkway
801 Heathrow
801 International
Parkway
901 Heathrow
901 International
Parkway
1001 Heathrow
1001 Heathrow
Park Lane
17 18 19 20 21 22 23
COLLIERS INTERNATIONAL
CENTRAL FLORIDA
622 E Washington Street
Suite 300
Orlando, FL 32801
Office	 407 843 1723
Fax	 407 843 4485
www.colliers.com/orlando
Central Florida
NORTH
1
2
3
4
5
6
7
8
9
10
11
12
13 14
15
16
17
18
19
20
21
22
23
	1	 NORTH POINT I
	2	 NORTH POINT II
	3	 NORTHPOINT III
	4	 NORTH POINT IV
	5	 BELLSOUTH BUILDING
	6	 COLONIAL CENTER 100
	7	 COLONIAL CENTER 200
	8	 COLONIAL CENTER 300
	9	 400 TOWNPARK
10	 COLONIAL CENTER 600
11	 TOWER I AT PRIMERA
12	 TOWER II AT PRIMERA
	1	 NORTH POINT I
	2	 NORTH POINT II
	3	 NORTHPOINT III
	4	 NORTH POINT IV
	5	 BELLSOUTH BUILDING
	6	 COLONIAL CENTER 100
	7	 COLONIAL CENTER 200
	8	 COLONIAL CENTER 300
	9	 400 TOWNPARK
10	 COLONIAL CENTER 600
11	 TOWER I AT PRIMERA
12	 TOWER II AT PRIMERA
	13	 PRIMERA III
	14	 PRIMERA IV
	15	 PRIMERA V
	16	 CRESCENT AT PRIMERA
	17	 HEATHROW 1
	18	 300 HEATHROW
	19	 400 HEATHROW
	20	701 HEATHROW
	21	 801 HEATHROW
22	901 HEATHROW
23	1001 HEATHROW
	13	 PRIMERA III
	14	 PRIMERA IV
	15	 PRIMERA V
	16	 CRESCENT AT PRIMERA
	17	 HEATHROW 1
	18	 300 HEATHROW
	19	 400 HEATHROW
	20	701 HEATHROW
	21	 801 HEATHROW
22	901 HEATHROW
23	1001 HEATHROW

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Lake Mary Office Market Space Analysis_February 2015

  • 1. Central Florida Lake Mary Office Market | Class A FLOOR-BY-FLOOR SPACE ANALYSIS / FEBRUARY 2015 COLLIERS INTERNATIONAL | CENTRAL FLORIDA
  • 2. Lake Mary Office Market | Class A FLOOR-BY-FLOOR SPACE ANALYSIS | FEBRUARY 2015 Central Florida FLOOR Direct Sublease 5 12,287 28,000 31,678 4 9,942 10,467 16,005 20,992 3 13,707 6,386 4,261 17,494 2 10,557 20,469 20,240 7,176 12,104 1 7,753 4,495 8,267 15,000 6,816 3,548 712 Total Bldg Size (RSF) 108,272 108,499 108,500 117,760 157,358 1153,569 155,203 122,655 Asking Rates $22.00/FS $22.00/FS NA $22.00/FS Withheld 23.50/FS 23.50/FS 21.50/Net of Electric Avg. Floor Plate 21,654 27,125 21,700 23,552 31,472 30,714 31,041 30,664 Avail. Space (RSF) 54,246 0 45,589 0 0 0 40,150 0 43,005 0 34,984 31,618 21,042 0 12,816 0 Occupancy (%) 49.9% 57.98% 100% 65.60% 72.67% 77.22% 86.44% 86.44% Northpoint I 1025 Greenwood Boulevard Northpoint II 1035 Greenwood Boulevard Northpoint III 3300 Exchange Place Northpoint IV 1064 Greenwood Boulevard Bellsouth Building 1101 Greenwood Boulevard Colonial Center 100 100 Colonial Center Parkway Colonial Center 200 200 Colonial Center Parkway Colonial Center 300 300 Colonial Center Parkway 1 2 3 4 5 6 7 8
  • 3. FLOOR 6 5 11,030 4 4,967 2,854 11,241 4,265 3 8,866 2,380 12,452 2 8,972 24,345 12,120 18,031 30,626 4,523 1 19,866 10,239 9,249 8,392 250 2,068 Total Bldg Size (RSF) 175,674 199,585 152,270 154,346 152,928 122,056 190,081 171,650 Asking Rates Withheld 23.50/FS 23.00/FS 23.00/FS $22.00/FS 23.00/FS $23.00/FS 23.50/FS Avg. Floor Plate 35,135 49,896 25,378 25,724 25,488 30,514 31,680 57,217 Avail. Space (RSF) 28,847 0 24,355 0 13,844 0 36,255 0 29,660 0 62,725 0 8,788 250 2,084 0 Occupancy (%) 83.58% 87.80% 90.91% 76.51% 80.61% 48.61% 95.38% 98.79% 400 Town Park 400 Colonial Center Parkway Colonial Center 600 600 Colonial Center Parkway Tower I at Primera 610 Crescent Executive Court Tower II at Primera 615 Crescent Executive Court Primera III 605 Crescent Executive Court Primera IV 300 Primera Boulevard Primera V 255 Primera Boulevard Crescent at Primera 1000 Primera Boulevard 9 10 11 12 13 14 15 16 5 4 33,795 3,580 3 5,381 14,851 33,748 4,035 2,818 2 17,748 7,077 1 6,686 900 7,807 4,989 28,434 5,000 Total Bldg Size (RSF) 71,152 86,842 100,821 126,570 150,567 178,241 192,159 Asking Rates $18.50/FS $22.00/FS $22.00/FS $22.00/FS Witheld $22.00/FS $22.00/FS Avg. Floor Plate 23,717 21,711 25,205 31,643 30,113 44,560 38,432 Avail. Space (RSF) 29,815 0 7,807 0 26,917 0 95,997 0 0 5,000 4,035 2,818 3,580 0 Occupancy (%) 58.10% 91.01% 73.30% 24.16% 100% 97.74% 98.14% Heathrow 1 250 International Parkway 300 Heathrow 300 International Parkway 400 Heathrow 400 International Parkway 701 Heathrow 701 International Parkway 801 Heathrow 801 International Parkway 901 Heathrow 901 International Parkway 1001 Heathrow 1001 Heathrow Park Lane 17 18 19 20 21 22 23
  • 4. COLLIERS INTERNATIONAL CENTRAL FLORIDA 622 E Washington Street Suite 300 Orlando, FL 32801 Office 407 843 1723 Fax 407 843 4485 www.colliers.com/orlando Central Florida NORTH 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 1 NORTH POINT I 2 NORTH POINT II 3 NORTHPOINT III 4 NORTH POINT IV 5 BELLSOUTH BUILDING 6 COLONIAL CENTER 100 7 COLONIAL CENTER 200 8 COLONIAL CENTER 300 9 400 TOWNPARK 10 COLONIAL CENTER 600 11 TOWER I AT PRIMERA 12 TOWER II AT PRIMERA 1 NORTH POINT I 2 NORTH POINT II 3 NORTHPOINT III 4 NORTH POINT IV 5 BELLSOUTH BUILDING 6 COLONIAL CENTER 100 7 COLONIAL CENTER 200 8 COLONIAL CENTER 300 9 400 TOWNPARK 10 COLONIAL CENTER 600 11 TOWER I AT PRIMERA 12 TOWER II AT PRIMERA 13 PRIMERA III 14 PRIMERA IV 15 PRIMERA V 16 CRESCENT AT PRIMERA 17 HEATHROW 1 18 300 HEATHROW 19 400 HEATHROW 20 701 HEATHROW 21 801 HEATHROW 22 901 HEATHROW 23 1001 HEATHROW 13 PRIMERA III 14 PRIMERA IV 15 PRIMERA V 16 CRESCENT AT PRIMERA 17 HEATHROW 1 18 300 HEATHROW 19 400 HEATHROW 20 701 HEATHROW 21 801 HEATHROW 22 901 HEATHROW 23 1001 HEATHROW