Lowndes Advises Marriott Vacations Worldwide on 300K SF Lease of New Headquarters

|Press Release

Lowndes has advised Marriott Vacations Worldwide Corporation in connection with a nearly 300,000-square-foot lease for the company’s new global corporate headquarters in Orlando, Fla.

Marriott Vacations Worldwide signed a lease agreement with an affiliate of Unicorp National Developments, Inc., to construct a nine-story, state-of-the-art building within the new City Center at O-Town West project, developed by Unicorp National Developments, Inc. The project is prominently located along Interstate 4 and Daryl Carter Parkway.

The company's new corporate headquarters, leased in January 2020, is designed to offer an innovative work environment for MVW’s 1,500 Orlando based corporate associates. The company began a phased move-in in November 2023 and held an open house for employees' family and friends in January 2024, highlighting the commitment to a sustainable and employee-friendly workspace.

Lowndes attorney Michael Gibbons advised on the development agreement for the building, while attorneys Tim Miedona, Hanna Edeback, and Rich Fildes advised on negotiation of the lease.

About Lowndes

Founded in Orlando, Florida in 1969, Lowndes, Drosdick, Doster, Kantor & Reed, P.A., is a multi-discipline business law firm. Our attorneys represent corporate, entrepreneurial and individual clients across a myriad of industries locally, nationally and beyond our borders, from offices in Orlando, Mount Dora and Melbourne, and through Meritas, an established global alliance of independent law firms offering local insight, local rates and world-class client service. LOCAL ROOTS. BROAD REACH.℠

About Marriott Vacations Worldwide Corporation

Marriott Vacations Worldwide Corporation is a leading global vacation company that offers vacation ownership, exchange, rental and resort and property management, along with related businesses, products, and services. The Company has over 120 vacation ownership resorts and approximately 700,000 owner families in a diverse portfolio that includes some of the most iconic vacation ownership brands. The Company also operates an exchange network and membership programs comprised of more than 3,200 affiliated resorts in over 90 countries and territories, and provides management services to other resorts and lodging properties. As a leader and innovator in the vacation industry, the Company upholds the highest standards of excellence in serving its customers, investors and associates while maintaining exclusive, long-term relationships with Marriott International, Inc. and an affiliate of Hyatt Hotels Corporation for the development, sales and marketing of vacation ownership products and services. For more information, please visit www.marriottvacationsworldwide.com.

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