Lake Mary Technology Center Lands First Tenant: Terracon

CBRE announced that Terracon has signed a 31,814‑square‑foot industrial flex lease at Lake Mary Technology Center, marking the first lease completed at the new state‑of‑the‑art campus under development in Lake Mary.

CBRE’s David Murphy and Monica Wonus represented the landlord, Chesterfield and Graham & Company.

Terracon, a multi-discipline consulting firm specializing in environmental, facilities, geotechnical and construction materials testing services, will occupy space along New Technology Boulevard in Lake Mary. The deal is expected to generate significant economic impact by introducing new jobs and strengthening the region’s growing industrial sector. Terracon will be the first tenant to join the project and will help drive the demand from more occupants at Lake Mary Technology Center.

Situated directly along the I‑4 corridor, Lake Mary Technology Center will add modern industrial flex space to meet rising user demand in the Lake Mary area. The 17.6‑acre development will include four highly functional industrial flex buildings totaling 238,000 square feet, with individual buildings ranging from 53,440 to 71,293 square feet. Each building will feature 25‑foot clear heights, ESFR fire suppression, 150‑foot shared truck courts, 3‑phase power, and 1.64 spaces per 1,000 square feet of parking. Construction began in December 2025, and all four buildings will be delivered in the first quarter of 2027.

“Terracon’s commitment highlights the continued demand for high-quality, adaptable industrial space in Lake Mary,” said Murphy, Vice Chairman at CBRE. “Lake Mary Technology Center stands apart in the market with its ability to support a variety of users and accommodate specialized buildouts, offering companies modern space in a highly visible location along the I-4 corridor.”