NAI Realvest Associate Mitch Heidrich negotiated the transaction representing the tenant, Philadelphia-based South Philly Steaks 123, LLC.
The landlord Collegiate Square LLC of Winter Park, was represented in the negotiations by Rusty Stoekel of Demetree Real Estate.
Heidrich said the tenant, a Philly cheese steak restaurant, is beginning its entry into Florida by serving the UCF area and is seeking sites to open several more locations within the next couple of years.
About NAI Realvest
NAI Realvest, serving all of Central Florida, is a fully integrated commercial real estate operating company specializing in brokerage, development, investment, leasing and management, consulting and research services in the U.S. and worldwide through NAI Global, an international commercial real estate network with over 350 offices spanning the globe. Since 1978, clients have built their businesses on the power of NAI Global’s expanding network. Extensive services include multi-site acquisitions and dispositions, sublease, tenant representation, lease administration and audit, investment services, due diligence and related consulting and advisory services. To learn more, visit www.NAIRealvest.com.