Franklin Street announces the assignment to manage Maitland Promenade One, one of the premier office properties in Central Florida.
The 5-story, 230,000-square-foot Class A building is located at 485 North Keller Road in Maitland, a suburb of Orlando. It is 93 percent leased with Bright House Networks as the anchor tenant.
“This assignment gives Franklin Street yet another opportunity to work with a prominent, nationally known institutional owner,” said Melissa Hazlewood, Vice President of Property Management in the Orlando office. “The Franklin Street team assigned to this asset had managed it previously. They know the property inside out.”
This same team, led by Hazlewood, secured a LEED Gold certification for Maitland Promenade One in 2009. It was the first time in Orlando that an existing building had achieved this important environmental designation. Constructed in 1999, the property was highly inefficient from an energy standpoint allowing for substantial improvement in overall performance.
“We were able to make significant changes to the air conditioning/ventilation system and institute other energy-efficient and carbon-reduction measures in just five months,” she said. “It ended up saving the owner thousands of dollars a year.”
Hazlewood will manage the new relationship and Traci Konowal, who was instrumental in winning the assignment, will operate the building day-to-day.
Since opening an office in Orlando May 1, Franklin Street has now secured contracts to manage more than a million square feet of office space extending from Tampa to Daytona Beach.