Washington Federal signed a 10-year, 9,793-square-foot lease at Scottsdale Spectrum, 6720 N. Scottsdale Rd., with the lease scheduled for third quarter 2017.
Lee & Associates Principals Adam Tolson and Jim Watkins represented the landlord, Scottsdale-based Globe Corporation. Glenn Smigiel of CBRE procured Washington Federal.
Washington Federal has 238 branches in the 9 western states and 31 branches in Arizona. This move to the regional headquarters coincides with the 100th anniversary of Washington Federal.
Built in 1998, Scottsdale Spectrum is comprised of three Class A office buildings featuring an on-site cafe, fitness center and lush corporate campus environment. The property enjoys a prestigious Scottsdale Road address, bordering the Town of Paradise Valley and directly adjacent to the $2 billion Ritz-Carlton Paradise Valley Resort, currently under construction.
