Siemens Energy Signs 242,000 Square-Foot Lease At 6876 Marwick Lane With Tavistock Development
6876 Marwick Lane
Building Size
242,000 SF
Asset Type
Office
Closing
Aug 22, 2025
About this deal
AI
The property asset involved in this transaction is located at 6876 Marwick Lane in Orlando. This office space encompasses an area of 242,000 square feet and is situated within the Lake Nona Town Center. The landlord for this lease transaction is Tavistock Development Co., represented by Nicholas F. Beucher, III.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 6876 Marwick Lane
- Market: Orlando
- Landlord: Nicholas F. Beucher, III - Tavistock Development Co.
- Tenant: Christian Bruch - Siemens Energy
This lease agreement was signed by Christian Bruch on behalf of Siemens Energy, as the company relocates its Orlando offices from Alafaya Trail. This agreement is noted as Orlando’s largest office lease since 2009, marking a significant milestone in the area.
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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