Business Services Industry

Siemens Subsidiary Leases Office Space in Orange County, Fla.

Knight Ridder/Tribune Business News, August, 2002

By Jack Snyder, The Orlando Sentinel, Fla. Knight Ridder/Tribune Business News

Aug. 22--Siemens Shared Services LLC, a subsidiary of Siemens AG, is leasing 52,125 square feet of office space in a pair of buildings recently built on spec by The Alter Group of Chicago in the Quadrangle Business Park in east Orange County.

About 200 workers will occupy the space as Siemens Shared Services consolidates operations in Orlando, Lake Mary and Boca Raton. Nan McCormick, a senior vice president in CB Richard Ellis' Orlando office, represented the Siemens operation, which provides support services for other Siemens companies in the United States.

The lease boosts the occupancy rate of the two buildings, each 50,000 square feet, to about 60...

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