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2602 Challenger Tech Court

Hatalom Corporation Leases 42000 SF Office At Challenger Tech Center In Orlando
LEASEDOffice

Hatalom Corporation Leases 42000 SF Office At Challenger Tech Center In Orlando

2602 Challenger Tech Court

Building Size

42,000 SF

Asset Type

Office

Closing

Jun 30, 2025

AI

The property involved in this transaction is an office asset located at 2602 Challenger Tech Court in Orlando, Florida. It encompasses 42,000 square feet within the Central Florida Research Park, making it a notable location for organizations seeking secure and tech-focused office spaces.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 2602 Challenger Tech Court
  • Market: Orlando
  • Landlord: Marcent Equity Group
  • Tenant: John Hinnant - Hatalom Corporation
  • Landlord's Representative: Greg Morrison - Avison Young
  • Tenant's Representative: Andy McCaw - NAI Realvest

This lease agreement marks a significant achievement in the region as Hatalom Corporation has signed for 42,000 square feet, highlighting the growing demand for such office spaces in the defense hub of Central Florida. Greg Morrison represented Marcent Equity Group, while Andy McCaw provided representation for Hatalom Corporation throughout the transaction.

Players

Andrew McCaw

NAI Global

Broker

3 deals

Broker

Orlando Office Market Snapshot

Boundary boundary · Office · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93