Jones Lang LaSalle (“JLL”) is pleased to present the exclusive opportunity to acquire Research Commons (the “Property”), a premier 129,982 rentable square foot office building strategically positioned within Orlando’s highly coveted Central Florida Research Park. Currently 94% occupied with a 2.8-year Weighted Average Lease Term (WALT) and 6.1-year Weighted Average Tenant Tenancy (WATT), the Property delivers exceptional stability while serving as the perfect home for several Department of Defense agencies and contractors.
Built in 1989, and renovated in 2006, Research Commons benefits from its rare positioning as one of only two privately owned assets within the Force Protection Zone, providing substantial competitive advantages for attracting and retaining government and defense contractor tenants. The Property features dedicated pedestrian gates providing direct access to the Naval Support Activity Center, GSA-approved security fencing, and emergency backup power generation, creating strategic infrastructure ideally suited for intensive government operations.
Located within Florida’s largest research park and the fourth largest in the nation, Research Commons plays a critical role in establishing Orlando as the “World Capital of Modeling and Simulation” and is positioned less than one mile from the University of Central Florida, the nation’s second-largest university. With nearly $1 million in recent capital improvements including renovated common areas and lobby, combined with a 4.2 per 1,000 SF parking ratio, Research Commons represents an exceptional investment opportunity to acquire a mission-critical government-anchored asset in one of Florida’s most dynamic and specialized office markets.