{"id":1004194318,"date":"2017-10-19T05:15:17","date_gmt":"2017-10-19T13:15:17","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004194318"},"modified":"2022-12-09T01:15:45","modified_gmt":"2022-12-09T09:15:45","slug":"orlando-office-tower-welcomes-new-tenant","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/orlando-office-tower-welcomes-new-tenant\/","title":{"rendered":"Orlando Office Tower Welcomes New Tenant"},"content":{"rendered":"<p>By Timea Papp<\/p>\n<div id=\"attachment_1004194319\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/10\/20-North-Orange-Orlando-Florida.jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004194319\" data-attachment-id=\"1004194319\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/orlando-office-tower-welcomes-new-tenant\/20-north-orange-orlando-florida\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/10\/20-North-Orange-Orlando-Florida.jpg\" data-orig-size=\"970,728\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"20 North Orange\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;20 North Orange&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/10\/20-North-Orange-Orlando-Florida.jpg?w=970\" class=\"wp-image-1004194319 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/10\/20-North-Orange-Orlando-Florida.jpg\" alt=\"20 North Orange\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/10\/20-North-Orange-Orlando-Florida.jpg 970w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/10\/20-North-Orange-Orlando-Florida.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/10\/20-North-Orange-Orlando-Florida.jpg?resize=768,576 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004194319\" class=\"wp-caption-text\">20 North Orange<\/p><\/div>\n<p>Franklin Street negotiated a new long-term lease at a 267,414-square-foot,\u00a0Class A office building in Orlando\u2019s central business district. Pipeline Workspaces, a national shared-workspace provider, will occupy 11,471 square feet at the property, with plans to open the new office space in early 2018.<\/p>\n<p>Located at 20 N. Orange at the corner of Orange Avenue and Central Boulevard, the\u00a0property was formerly known as Well Fargo Tower. According to Yardi Matrix, Steelbridge Capital acquired\u00a0the 16-story asset for $34.8 million in October 2014, and\u00a0began an extensive renovation program shortly after, with further improvements to the streetscape to be completed in the future. The property features a new lobby design and upgraded finishes, modernized elevators, 24\/7 security, on-site property management and engineer staff, caf\u00e9, full-service banking, a car detailing service\u00a0and two attached parking garages with covered sky bridges.<\/p>\n<h2>Sixth office location<\/h2>\n<p>Yvonne Baker, Franklin Street\u2019s regional managing partner for Orlando and Jacksonville, and Nicole Willerer, director of office and industrial agency leasing, represented the landlord, while CBRE Senior Vice Presidents Mike Phipps and Shay Pope worked on behalf of the tenant in the lease negotiations. Pipeline Workspaces has four other locations in Florida and one in Philadelphia.<\/p>\n<p><em>\u201cThis lease indicates the continued interest in Orlando\u2019s central business district by employers who are drawn to the area\u2019s economic development and highly-educated workforce,\u201d<\/em> said Baker, in prepared remarks. <em>\u201cThe property owner has invested heavily into improvements to the building and capitalizing on the resurgence of the entire Orlando CBD.\u201d<\/em><\/p>\n<p>The property is within walking distance to Orlando CBD government buildings, entertainment venues and hotels. The location provides direct access to major thoroughfares, including Interstate 4 and Florida State Road 408.<\/p>\n<p>CBRE recently inked another office lease in Orlando at <a href=\"https:\/\/www.commercialsearch.com\/news\/cbre-inks-lease-at-orlando-office-park\/\">Maitland Summit Park<\/a>.<\/p>\n<p><em>Image courtesy of Franklin Street<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Franklin Street\u2019s team of Yvonne Baker and Nicole Willerer represented the owner in the lease negotiations with Pipeline Workspaces. The tenant plans to move into the former Wells Fargo Tower in early 2018.<\/p>\n","protected":false},"author":240,"featured_media":1004194319,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,21743,21742,21747,1493],"tags":[32789,35012,35111],"class_list":["post-1004194318","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-deals","category-latest","category-office","category-orlando","tag-cbre","tag-franklin-street","tag-steelbridge-capital"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Orlando Office Tower Welcomes New Tenant - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/orlando-office-tower-welcomes-new-tenant\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Orlando Office Tower Welcomes New Tenant\" \/>\n<meta property=\"og:description\" content=\"Franklin Street\u2019s team of Yvonne Baker and Nicole Willerer represented the owner in the lease negotiations with Pipeline Workspaces. The tenant plans to move into the former Wells Fargo Tower in early 2018.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/orlando-office-tower-welcomes-new-tenant\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2017-10-19T13:15:17+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T09:15:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/10\/20-North-Orange-Orlando-Florida.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"970\" \/>\n\t<meta property=\"og:image:height\" content=\"728\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Timea-Erika Papp\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/orlando-office-tower-welcomes-new-tenant\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/orlando-office-tower-welcomes-new-tenant\/\",\"name\":\"Orlando Office Tower Welcomes New Tenant - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/orlando-office-tower-welcomes-new-tenant\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/orlando-office-tower-welcomes-new-tenant\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/10\/20-North-Orange-Orlando-Florida.jpg\",\"datePublished\":\"2017-10-19T13:15:17+00:00\",\"dateModified\":\"2022-12-09T09:15:45+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/f58a713dcbdcb5aab2648af2aa04d6ae\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/orlando-office-tower-welcomes-new-tenant\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/orlando-office-tower-welcomes-new-tenant\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/orlando-office-tower-welcomes-new-tenant\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/10\/20-North-Orange-Orlando-Florida.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/10\/20-North-Orange-Orlando-Florida.jpg\",\"width\":970,\"height\":728,\"caption\":\"20 North Orange\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/orlando-office-tower-welcomes-new-tenant\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Orlando Office Tower Welcomes New Tenant\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/f58a713dcbdcb5aab2648af2aa04d6ae\",\"name\":\"Timea-Erika Papp\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/1abbd000efb56bab071b49e7aa22c0d49e96fb0374efdef0909c7744785579a7?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/1abbd000efb56bab071b49e7aa22c0d49e96fb0374efdef0909c7744785579a7?s=96&d=mm&r=g\",\"caption\":\"Timea-Erika Papp\"},\"description\":\"Timea is a senior writer covering CRE marketing, tech and real estate trends, as well as industry news in the U.S. Timea was previously a senior associate editor at Multi-Housing News and Commercial Property Executive and has an academic background in law. 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