A Leading Administrator of Health Savings Accounts, the New-to-Market Tenant will Bring 100 Jobs to the Area
ORLANDO, FL, August 19, 2019 – 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.”
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.”
Further plans to take occupancy of the new space before the end of this year.
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 51,000 employees in 400 offices and 70 countries. In 2018, the firm had revenue of $8.2 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.
Communications Specialist, Florida