CBRE Tapped to Lease Lake Mary Portfolio

By Balazs Szekely, Associate Editor Banyan Street Capital and Oaktree Capital Management L.P. have put CBRE Group Inc. in charge of leasing at Primera Towers I, II and IV, a three-building Class A office portfolio in Lake Mary. Located at Crescent Executive Court and Primera Boulevard, the recently renovated properties total 428,672 rentable square feet [...]

Banyan Street Capital and Oaktree Capital Management L.P. have put CBRE Group Inc. in charge of leasing at Primera Towers I, II and IV, a three-building Class A office portfolio in Lake Mary.

Located at Crescent Executive Court and Primera Boulevard, the recently renovated properties total 428,672 rentable square feet and are part of Lake Mary Center. The complex offers a professional office park setting with ample parking, building signage, fitness center and on-site management. Banyan Street Capital affiliate BSC Realty Services will continue to manage the property.

Miami-based Banyan Street is a private equity firm with a concentrated presence in the Eastern United States. The firm acquires and manages office properties directly and joint ventures with institutional partners.

CBRE’s leasing team includes Jay Dixon and Micah Strader, both vice presidents with the company. Dixon noted in a statement that CBRE is leasing more than 850,000 square feet of office space for Banyan Street in Greater Orlando, including the Resource Square portfolio in Central Florida Research Park.

The Lake Mary area is a financial services hub known for top-rated schools, parks and a variety of retail destinations. It is easily accessible via Interstate 4 and the Central Florida beltway.

Image source: CBRE Group Inc.