Office Archives

Phoenix office market gains momentum

The Esplanade

As the overall economy continues improving, the Phoenix office sector is experiencing strong momentum in a variety of different measurements. Office construction, sales velocity and rents are all on the rise; however leasing activity remains muted. The Valley is flooded with tenants in the market touring buildings and assessing future options. Site Selection magazine recently… Read More →

Coolest incubators in Metro Phoenix

Luhrs Int 2

Incubators are spaces outfitted with support staff, equipment and made available at low rent to new, small businesses. From trendy digs to attractive benefits, here are the best places to put all your eggs in a basket. BioAccel Location: 2702 N. 3rd St., #3001, Phoenix Dictum: “We help Arizona reach its potential by helping Arizona’s entrepreneurs reach… Read More →

LGE Design to break ground on the $4.5M ACES school

The ACES, web

LGE Design Build will break ground on the $4.5 million Phoenix West Campus of The Austin Centers for Exceptional Students (The ACES) at 9:30 a.m. on April 17. The ACES, a state approved school, is the largest private provider of special education in Arizona partnering with 65 district and charter schools. Phoenix Vice Mayor Daniel… Read More →

Tuesday Morning Corp. signs 593KSF spec lease

Architectural Photography by Michael Baxter, Baxter Imaging LLC

Liberty Property Trust announced that Tuesday Morning Corporation has signed a 10-year lease for 593,600 square feet at Liberty Logistics Center I in Phoenix. The national retail chain will occupy the entire facility, located at 563 S. 63rd Avenue, in September. Liberty acquired the building in 2013 and marketed the facility to potential distribution center… Read More →

New to Market: January, February 2015

The Enclave at Borgata Developer: Antera Development General contractor: Wespac Architect: Davis Location: 6166 N. Scottsdale Rd., Scottsdale, Ariz. Size: 90 units; 4.77 acres Start/Completion: 2Q 2015 to 4Q 2016 The Enclave at Borgata includes 90 luxury condominium residences, featuring soft contemporary design and resort-like amenities, all within walking distance to many convenient amenities. Floor… Read More →

Plexus Worldwide breaks ground on national HQ

Plexus Worldwide, a leading direct-marketing weight-loss and health-supplement seller that was recently named #8 on the 2014 Inc. 5000 list of fastest growing companies, announced it will break ground on a 70KSF national headquarters office building at the MainSpring Capital project at Pima Center on March 30 at noon. The company recently moved its warehouse… Read More →

Northern Trust to expand at Discovery Business Campus

Northern Trust at Discovery Business Campus, rendering credit to DAVIS

Seeking to meet long-term global growth needs and expected demand for services, Northern Trust announced plans to expand in Arizona by opening a new operating center in Tempe. The center – expected to open in mid-2015 and grow to 1,000 full-time employees over the next three years – will provide multiple financial business and banking… Read More →

WingSpan Aviation Center approved at Chandler Airport

A new-to-market concept is on its way to Chandler Municipal Airport, introducing new businesses to Chandler’s growing aviation industry.  Chandler City Council last night approved a 50-year ground lease agreement for the WingSpan Aviation Center at Chandler Municipal Airport (CHD).   The first phase of the project will include 80,000SF of hangar/office space. Each hangar… Read More →

Alliance Bank Chandler office completed

Sun State Builders is proud to announce the completion of Alliance Bank Chandler, Alliance Bank of Arizona’s newest corporate office and branch, located at 3033 W. Ray Rd. The Alliance Bank Chandler building is a two-story, 28,809 square foot, state of the art bank, designed by The DAVIS Experience. The project features custom finishes throughout, including stone manufactured… Read More →

Groundbreaking marks start of Waypoint office campus

ATS at Waypoint, LPC, WEB

Officials from Harvard Investments, Lincoln Property Company (LPC), the City of Mesa and anchor tenant American Traffic Solutions (ATS) were on hand yesterday for the groundbreaking of Waypoint, a two-building, 258-square-foot Class A office campus in Mesa, Ariz., that is nearly 50 percent pre-leased to ATS. ATS, a leader in road safety and toll management,… Read More →

New office breaks ground at Cambridge Watermark

Cambridge Watermark, Courtesy of Cawley Architects and LGE Design Build

LGE Design Build has started construction on a 12,939-square-foot, two-story office building at the Cambridge Watermark office plaza in Chandler to respond to growing demand for office properties. Eric Pyles, who owns a nearby 34,000-square-foot office building, has hired LGE Design Build to construct a companion office building located at 2450 S. Gilbert Road to… Read More →

Manufacturing facility begins conversion into Millennial-focused office space

Courtesy of Gensler

Construction and conversion has begun for The Circuit Tempe, a 190KSF high density class-A office project at 615 S. River Dr. Formerly an industrial manufacturing facility for Jabil Circuit, the sizable building has been dramatically re-designed to serve as the Valley’s first speculative large-scale, millennial focused office property.  Situated on the Loop 101 and University… Read More →

LGE Design Build starts construction on Crown Castle BTS

Crown Castle photo, WEB

LGE Design Build has broken ground and is currently in the process of constructing Crown Castle’s 70KSF, two-story class-A office build to suit in Chandler. Crown Castle, the nation’s largest provider of wireless infrastructure, expects to move into the new facility next summer, located at southeast corner of Germann Road and Stearman Drive. Crown Castle… Read More →

DriveTime Automotive signs 96KSF lease at Liberty Center

Stop 2: Liberty Center at Rio Salado

Liberty Property Trust announced the signing of a 96,000 square foot lease with DriveTime Automotive Group for a new corporate headquarters in Liberty Center at Rio Salado in Tempe.  It will be the third class-A office building that Liberty will deliver at its newly launched park since construction began in the fourth quarter of 2013.… Read More →