The modern micro-city of Lake Nona, Florida, has earned a reputation as the innovation hub of Orlando.
Siemens Energy’s massive office lease has cemented that position. The German energy conglomerate took 242,358 square feet in August, the largest office deal in the market since 2015, according to CoStar research. The deal takes up the lion’s share of the 279,341-square-foot facility at 6876 Marwick Lane.
Master-planned Lake Nona, which covers roughly 11,000 acres, provides a live-work-play environment that blends office space with homes, apartments, restaurants and entertainment in a walkable district.
The community also features connections to Florida’s Brightline rail system and Orlando International Airport. More than an amenity, this forward-looking planning aligns with Siemens Energy’s mission to advance the future of global energy systems while providing its workforce with an adaptable, sustainability-focused campus.
Nearly 3,000 employees will relocate from the company’s current Orlando headquarters, adding to Lake Nona’s talent pool in the areas of engineering and health and life sciences. Navigating the logistical challenges of relocating a multidecade legacy campus took coordination between Lake Nona, the city of Orlando, the Orlando Economic Partnership and the Orlando Utilities Commission, another reason this deal stands as transformative for the region and why it earned a CoStar Impact Award, as judged by a panel of regional real estate experts.
Wanda Riley, Florida’s managing principal for Cushman & Wakefield and a judge in the CoStar Impact Awards competition, said the deal “shows strength and commitment to the Lake Nona submarket as the regions premier innovation district.”
About the project: Built in 2023, the facility features flexible workspaces, advanced technology, smart-window systems, bio-defense air filtration and UV-based sanitization.
What the judges said: “This will create a vehicle for opportunities in the future along with the current growth and diversity it brings to Lake Nona,” said Trey Vick, CEO of V3 Capital Group.
“Having Siemens take up that type of space in an Orlando submarket is very helpful to our economy,” said Adam Wonus, partner at Atrium Management Co. “Siemens attracts various companies that need to work alongside their operation to our region.”
They made it happen: From Lake Nona’s Tavistock Development Co., Ginger Vetter, senior director of commercial sales and leasing, senior managing director Rasesh Thakkar, and senior vice president Scott Peek, facilitated the deal. Rick Solik and Matthew McKeever, both executive vice presidents with Colliers, represented the tenants.