Office Archives

Avenue5 leases entire floor at Anchor Centre West


Avenue5 Residential recently signed a long-term office lease for the entire 2nd floor at Anchor Centre West, 2201 E. Camelback Rd., Phoenix. Adam Tolson, Principal with Lee & Associates secured the tenant, Avenue5, who will take possession of the 17,974 SF, turn-key space early in 2016. Chris Walker, Michael Beall and Sean Spellman with Cushman & Wakefield… Read More →

Industrial facility will be leveled for office building

4039 E Raymond
by in AZRE Magazine | New to Market | Office

A 64,856 SF manufacturing building at 4039 E. Raymond St. in Phoenix recently sold for $3,600,000 ($55.51 per SF) to make way for a 90,000 SF office building. The property sits on 6.95 acres, strategically located at the NEC of I-10 and 40th St., just south of Phoenix Sky Harbor International Airport. Originally built in the… Read More →

Bryan Cave and Berkeley Research lease at Renaissance Square

Renaissance Square 2

Hines, the international real estate firm, announced it has renewed Bryan Cave’s long-term 38,878-square-foot lease and signed a new 6,244-square-foot lease for Berkeley Research Group, LLC at Renaissance Square. Bryan Cave, a law firm with more than 135 employees, has been located at Renaissance Square for 17 years. “We are pleased to renew our lease… Read More →

Dared 89 buys future Valley office building for $3.6M

4039 Raymond

Dared 89 LLC (dba Douglas Allred Company) of Cushman & Wakefield purchased a ±64,853 square foot industrial building at 4039 E. Raymond Street in Phoenix for $3.6 million. The San Diego-based full-service real estate firm announced plans to tear down the existing building and develop Allred 40, a ±90,000 square foot, two-story office building. Cushman &… Read More →

Clarendon Place in midtown Phoenix sells for $9.37M

Clarendon Place

Cushman & Wakefield announced that Clarendon Place, located at 300 W. Clarendon Ave. in Phoenix, sold to California-based investor Brentwood Mortgage Rose Plaza/MKN for $9.37 million. The seller was the Burton Family Foundation (Daryl Burton and Jeffrey Sauter) of Phoenix. Cushman & Wakefield’s Eric Wichterman and Mike Coover represented both parties during the sales transaction.… Read More →

Matson Money will expand operations in Scottsdale

La Curvata

Cushman & Wakefield has released that Matson Money will significantly expand its Scottsdale operations with the lease of 47,482 square feet of office space at La Curvata in the Scottsdale Airpark. The Cincinnati-based company is a full-service Registered Investment Advisor firm offering asset management services through independent financial professionals nationwide. Matson Money currently occupies approximately 7,000… Read More →

Marina Heights earns AMCA 2015 Project of the Year

Marina heights dusk(c) 2013 DAVIS
by in AZRE Magazine | In The Spotlight | Office

Ryan Companies US Inc.’s two million square foot Marina Heights project has been awarded the Associated Minority Contractors of America (AMCA) 2015 Project of the Year for the first of five office towers to open at Marina Heights, Building D. Ryan has a long-standing commitment to the inclusion of Minority and Women Business Enterprises (M/WBE) on its construction projects. Through Ryan’s… Read More →

Alter Group signs two new tenants at Riverwalk


The Alter Group announces two leases at Riverwalk Arizona (, a 176-acre mixed-use business park in Scottsdale, AZ. Mytek Network Solutions, LLC will lease 8,333 SF of space, and City Market Deli signed for 2,349SF; both companies will occupy the 7500 N. Dobson Road facility. Michael J. Alter, President of the Chicago-based national corporate real… Read More →

NAIOP members’ office and industrial projects

SkySong, The ASU Scottsdale Innovation Center — SkySong 4

Project profile criteria per NAIOP: Property must be owned or have non-refundable earnest money in escrow by 8/1/15. Property must have a color site plan and color rendering completed. Property must have proper zoning in place. Property must be bigger than 100,000 square feet Amkor Headquarters  Developer: Ryan Companies US, Inc. General Contractor: Ryan Companies… Read More →

Downtown Phoenix targets Millennial office workers

Photo: Conceptual images only, not a rendering/ The Monroe Building
by in AZRE Magazine | Careers | New to Market | Office

Downtown Phoenix has transformed over recent years with $4.6 billion dollars in public and private investments, including light rail, new hotel developments, restaurants, boutiques, Arizona State University and University of Arizona campus expansions, Phoenix Convention Center, and a growing number of residential developments. In concert with the downtown Phoenix renaissance, renovations have been completed at… Read More →

Colliers completes $6.5M lease and sale for Rae Family Trust

Rae Family Trust

Colliers International in Greater Phoenix recently completed a $1.96 million office lease and a $4.525 million sale of the same multi-tenant industrial office building for the James A. Rae Family Trust of Phoenix, which is exclusively represented by Colliers Vice Presidents Kim Soulé and Tom Knaub. The property, owned by the Rae Family Trust, is… Read More →

Tower Capital arranges $13M acquisition loan for Clift Building

Clift Building

Phoenix based structured finance firm, Tower Capital, recently arranged a $13,000,000 acquisition loan on behalf of Salt Lake City-based private investment group to acquire the historic Clift Building located in downtown Salt Lake City. The 105,000 square foot multi-tenant office building consists of nine floors and features a 5,500 square foot theater that is currently… Read More →

Menlo Equities purchases Thistle Landing office park

Thistle Landing

Affiliate of Menlo Equities LLC purchased the remaining three buildings of the Thistle Landing office park located at 4801, 4805 and 4811 E. Thistle Landing Dr.. Chris Toci, Chad Littell, Jerry Noble, Pat Devine and Greg Mayer of Cushman & Wakefield represented the seller, Torchlight Investors LLC of New York, in the disposition. No outside… Read More →

Modernized Heard Building epitomizes downtown Phoenix trends

Heard Bldg_front Plain

Winslow + partners has announced that the modernization construction is almost complete on the historic Heard Building, 112 N Central Avenue, between Adams and Monroe Streets in the vibrant heart of downtown Phoenix. winslow + partners helped the owner, Chris Rudel, reposition The Heard Building for a new generation of tenants and users. The Heard… Read More →