National shared-workspace provider, Pipeline Workspaces, has signed a 11,471 sqf lease at 20 North Orange in downtown Orlando. Located at the corner of Orange Avenue and Central Boulevard, the company signed a long term lease with the building’s owner Steelbridge Capital. The company which has four other locations in Florida and one in Philadelphia, plans to open in early 2018. Built in 1983, the 16-story, 267,414 sqf building underwent an extensive renovation recently.
Yvonne Baker, Franklin Street’s regional managing partner for Orlando and Jacksonville, and Nicole Willerer, director of office and industrial agency leasing, represented the building’s owner while CBRE’s Michael Phipps and Shay Pope represented the tenant in the transaction.
“This lease indicates the continued interest in Orlando’s Central Business District by employers who are drawn to the area’s economic development and highly-educated workforce,” said Baker. “The property owner has invested heavily into improvements to the building and capitalizing on the resurgence of the entire Orlando CBD. Franklin Street is committed to working with Steelbridge to return this iconic building to its place of prominence at the corner of downtown’s ‘Main and Main’.”