Denholtz Properties announces a new lease for 10,800 square feet of industrial/ flex space with TECO Peoples Gas at 3702 Silver Star Road in the Silver Star Commerce Center in Orlando, Fla.
Established in 1895, TECO Peoples Gas is one of Florida’s largest suppliers of natural gas. With approximately 11,000 miles of gas mains, TECO Peoples Gas provides nearly 390,000 Floridians with access to reliable, environmentally-friendly, economical natural gas products and service. Their lease of 10,800 square feet in the Silver Star Commerce Center provides the company with a well-located, adaptable location to better service customers in the local market.
Spanning eight industrial flex buildings ranging in size from 26,400 to 39,600 square feet, Silver Star Commerce Center is currently 87 percent leased by 26 different tenants. The property boasts unparalleled access with a strategic location directly west of North John Young Parkway and benefits from nearby access to State Route 434 and US Highway 441 as well as Interstate 4. Additionally, Orlando International Airport is less than 12 miles from the property.
“Although Orlando’s residential and economic boom has placed great strain on the supply of multifamily and office space in the market, we are also continuing to see strong demand for industrial/ flex space from service-oriented companies like TECO Peoples Gas,” said Kristine B. Hurlbut, Senior Vice President of Leasing at Denholtz Properties. “Through providing these companies with modern, well-located spaces, we are able to help them expand their operations and better serve the needs of a rapidly growing population.”
Matt Bates of Homevest Realty represented the tenant and Bobby Isola of Cite Partners represented Denholtz Properties in the transaction.