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General Dynamics Renews 50,368 Square Foot Lease At Resource Square III In Orlando

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LEASED
Angelo Bianco
Diane Drobia
Chris Sproles
+ 1

Florida

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Office50,368 SF
Leased 04/02/2025
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Property Image
LEASED

General Dynamics Renews 50,368 Square Foot Lease At Resource Square III In Orlando

12001 Research Parkway

See Similar Deals
Office50,368 SF
Leased 04/02/2025
Angelo Bianco
Diane Drobia
Chris Sproles
+ 1
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:50,368 SF
Transaction Type:Lease

The property involved in this transaction is an office asset located at 12001 Research Parkway in Orlando. It covers a total area of 50,368 square feet. The asset is part of the Central Florida Research Park and includes recent upgrades such as outdoor seating, a lakefront gazebo, and move-in-ready spec suites.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not disclosed
  • Square Footage: 50,368
  • Address: 12001 Research Parkway
  • Market: Orlando
  • Landlord: Angelo Bianco & Chris Eachus - CP Group
  • Tenant: Phebe Novakovic - General Dynamics
  • Landlord's Representative: Madison Kimbell - JLL
  • Tenant's Representatives: Chris Sproles & Diane Drobia - CBRE

General Dynamics has renewed its lease at Resource Square III, with CBRE representing the tenant and JLL representing the landlord, CP Group. The transaction reflects the ongoing relationship between General Dynamics and the property owners.

Players

Diane Drobia
CBRE
Diane Drobia
1 deal(617) 912-7075
BROKER
Chris Sproles
CBRE
Chris Sproles
1 deal(407) 839-3109
BROKER
Madison Kimbell
JLL
Madison Kimbell
1 deal(407) 982-8580
BROKER
Angelo Bianco
Angelo Bianco
6 deals
LANDLORD
CG
CP Group
LANDLORD

Details

LEASED
IMAGE: Chris Sproles, Diane Drobia, Angelo Bianco, Chris Eachus, Madison Kimbell & Phebe Novakovic DATE: 04/02/2025 ADDRESS: 12001 Research Parkway MARKET: Orlando ASSET TYPE: Office ~ SF: 50,368 LANDLORD: Angelo Bianco & Chris Eachus - CP Group TENANT: Phebe Novakovic - General Dynamics LANDLORD'S REP: Madison Kimbell (@MadsKimbell) - JLL (@JLL) TENANT'S REP: Chris Sproles (@SprolesChris) & Diane Drobia - CBRE (@CBRE) NOTE: General Dynamics renewed its 50,368-square-foot lease at Resource Square III in Orlando, with CBRE representing the tenant and JLL representing landlord CP Group. The 154,161-square-foot office building, part of the Central Florida Research Park, recently underwent upgrades, including outdoor seating, a lakefront gazebo, and move-in-ready spec suites.

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Deal Type
Effective Rent (Annual)

$2,887,063.37

Total Lease Value

$28,870,633.66

Net Landlord Cash Flow$2,887,063.37