Hold Thyssen Completes Long Term Lease Agreement with Florida Dept of Corrections

April 11, 2022
Hold Thyssen, Inc., a full-service commercial property firm based in Winter Park, recently completed a nine-year lease agreement with the State of Florida Department of Corrections for the 16,826 square foot building at 27/29 Coburn Ave. near downtown Orlando.

Hold-Thyssen Leasing Associate Vik Mahadeo brokered the transaction representing the Orlando-based landlord, ApexiProp FLOR 29, LLC and the tenant State of Florida Department of Corrections/P&P.  

Mahadeo said negotiations lasted nine months resulting in the State agreeing to remain in place for nine years at an above-market rental, rather than vacating to relocate at a nearby DMS-owned property.