Interoffice Memorandum
DATE: January 8, 2025
TO: Mayor Jerry L. Demings and County Commissioners
THROUGH: Mindy T. Cummings, Manager
FROM: Ana Alves, Program Manager
CONTACT: Mindy T. Cummings, Manager
PHONE: 407-836-7090
DIVISION: Real Estate Management Division
ACTION REQUESTED:
title
Approval and execution of Commercial Lease Agreement by and between Pyramid Properties III, LLP and, and Orange County, Florida, and authorization for the Real Estate Management Division to exercise renewal options, furnish notices, required or allowed by the Lease, as needed for Facilities at Parkway (Pyramid 111), 4548 Parkbreeze Court, Orlando, Florida 32808. Lease file 2015A. District 2. (Real Estate Management Division)
body
PROJECT:
Facilities at Parkway (Pyramid III)
4548 Parkbreeze Court, Orlando, Florida 32808
Lease File 2015A
PURPOSE: To continue to provide office and warehouse space for Orange County operations.
ITEM:
Lease Agreement
Term: Five years
Cost: $52,885.33 per month
Option: Two, five-year renewals
Size: 34,304 square feet
BUDGET: Account No.: 0001-043-0201-3620
REVENUE: None
FUNDS: N/A
APPROVALS:
Real Estate Management Division
Risk Management Division
Facilities Management Division
REMARKS: The County has leased this space since 1993 for its operations; however, the current County occupant is relocating, and Facilities Management is moving into this building for its Facilities West operations. Therefore, the County has negotiated a new lease with the landlord. The Lease will be for the same square footage, 34,304, and the space will be renovated to include offices, locker rooms, and an additional warehouse and workshop space for the Facilities Management Division.
The Lease includes an allocation of $800,000 for tenant improvements, which will fund renovations to meet the operational demands of the Orange County Facilities Management Division.