Tavistock Development Company signed a built-to-suit lease as part of a project to expand the corporate campus of Orlando-based Orange Lake Resorts.
Tavistock’s lease agreement with Orange Lake may be the largest office-lease deal in Orange County this year.
Orange Lake will expand its presence at Tavistock’s Infinity Park development in Orlando by occupying 240,000 square feet of office space, in an existing 115,000-square-foot building and the planned 125,000-squae-foot building.
Construction of the new office building at Infinity Park is scheduled to start in fall, and the building would open in the fall of 2018.
Infinity Park is a 200-acre, mixed-use business park located near such employers as Lockheed Martin, Darden Restaurants, Houghton Mifflin Harcourt, Starwood and Wyndham Vacation Ownership.
In addition to Infinity Park, Tavistock’s real estate portfolio includes its master-planned Lake Nona community in southeast Orlando, where KPMG is building a $400 million training and innovation center and Amazon is building an 850,000-square-foot fulfillment center.