CenterState Bank Leases Office Space In Orlando From Steelbridge Capital

Located at 20 N Orange Ave, Orlando, FL, 32801, the recently renovated 20 North Orange office tower in Orlando, Fla, was acquired by Steelbridge Capital for $34.8 million in October 2014. This 16-story, 276,868-square-foot property features a new lobby design and finish upgrades, a modernized elevator, state-of-the-art security system, 24/7 security staffing, on-site property management, engineer staff, café, tenant conference room, and a car detailing service.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $34.8 million
• Market: Orlando
• Landlord's Rep: Yvonne Baker (Franklin Street)
• Tenant: CenterState Bank
• Square Feet: 10,299

CenterState Bank will expand its operations by relocating its downtown branch to the newly renovated office tower at the intersection of Orange Avenue and Central Boulevard in Orlando. The bank will consolidate a smaller nearby branch into this new space, opening corporate office space for 30 employees, including anchor tenant signage.