Tag Archives: Allstate

Allstate Tempe Gateway

Allstate Leases 66,000 SF In Tempe Gateway Building

Allstate Insurance Company has signed a lease as a new office tenant in the Tempe Gateway building in the Mill Avenue District, Vulcan Real Estate announced today.

Allstate’s lease is for 66,000 SF of office space, making it one of the largest leases signed in the market this year. Allstate is expected to open their new Tempe offices in September 2012.

The eight-story, 260,000 SF Tempe Gateway building will provide Allstate with a prime location and modern amenities. Tempe Gateway was purchased by Vulcan Real Estate in June 2010 as the company’s first investment outside the Seattle market. The building’s location provides easy access for people from all over the Greater Phoenix Metropolitan Area with close proximity to major freeways and a light rail stop adjacent to the property.

“We are really pleased to welcome Allstate as our newest tenant and we expect their staff will find the location ideal, with easy access to transportation, shopping, and a great local community,” said Robert S. Arron, senior director of real estate marketing and leasing at Vulcan Inc.

Allstate’s new lease brings occupancy at Tempe Gateway up to 64%, further highlighting the growing strength of the office real estate market in the Tempe-Phoenix region.

Other downtown Tempe buildings are also faring well.

  • Hayden Ferry Lakeside is at 94% occupancy;
  • Papago Gateway Center is approximately 80% leased;
  • Centerpoint on Mill has converted existing second floor retail into office space to take advantage of the market;
  • Tempe’s vacancy rate for business space is lower than neighboring cities Phoenix and Chandler;
  • Mill Avenue has added 48 new retail businesses since 2009 that are open and thriving – the vacancy rate has gone from 32.4% in April 2009 to about 20.5%.

“We’d like to say that Allstate is in good hands here in Tempe,”  Mayor Hugh Hallman said. “We welcome them to our community and look forward to their presence here.”

Allstate will join current Tempe Gateway tenants Limelight Networks (a 2012 RED Award winner), Parsons and Waste Management, who occupy a combined 100,000 SF. Trisports.com, a longtime retailer of triathlon, swimming, biking, and running gear, has also leased space at Tempe Gateway for their newest retail location, and will open their doors in June, 2012. Vulcan is in discussions with several other prospective tenants to lease the remaining office and retail space currently available in the building.

Jerry Roberts of CB Richard Ellis represented Vulcan Real Estate in the lease transaction, and Michael Cummings, Phil Breidenbach and Lindsey Carlson of Colliers International represented Allstate.

Junior Achievement JA You’re Hired! Challenge 2011

Junior Achievement JA You’re Hired! Challenge Teaches Students Workforce Skills

Hundreds of Valley high school students learn workforce skills, compete for internships at the Junior Achievement of Arizona (JAAZ) JA You’re Hired! Challenge at the Tempe Center for the Arts


According to a 21st Century Skills study, 42 percent of employers rate the overall preparation of high school graduates for entry-level jobs as deficient. On March 29, more than 350 Valley high school students will defy this statistic at the Junior Achievement of Arizona (JAAZ) JA You’re Hired! Challenge at the Tempe Center for the Arts.

The JA You’re Hired! Challenge is a part of a three component, award-winning program created by JAAZ in partnership with the University of Phoenix to develop high school students’ work-readiness skills, many of which are not addressed in a normal high school curriculum.

“We realize that even some of the best schools lack the ‘real world’ lessons that are needed to transition from student to employee,” says Joyce Richards, president of JAAZ. “JA You’re Hired! teaches students those skills and does so in a realistic, competitive environment to help them make smart academic and economic choices.”

The first component is a rigorous curriculum led in class by Junior Achievement volunteers to prepare them for the JA You’re Hired! Challenge. Over the course of a few weeks, students learn proper interview techniques; work to improve their writing, language, math and critical thinking skills; and how to apply what they learn in the classroom to real life situations.

These skills are then put to the test by nearly 50 Phoenix area hiring managers who will be on-site the day of the JA You’re Hired! Challenge. They will be testing the students on their abilities through mock interviews, marketing pitches and public speaking exercises.

Some of the hiring managers will be offering summer internships. Students selected will continue to the third component of the program, which is comprised of successfully completing a paid internship with regular correspondence between the employer and Junior Achievement advisors.

“What is truly unique about this program is that it goes beyond lessons and workshops,” Richards says. “Students actually go through the hiring process and apply everything this program has taught them. And like the real world, not everyone gets the job, but at least now they are prepared for whatever challenges they may face in the job market.”

This year’s JA You’re Hired! Challenge program is made possible thanks to the generous support of University of Phoenix and community partners, such as Phoenix Suns Charities, Triton Technologies, Crexando, FedEx, Allstate, bluemedia, Charles Schwab, Manpower, SHRM and others.

For more information on Junior Achievement or ways to get involved, please call 480-377-8500 or visit jaaz.org.

About Junior Achievement of Arizona
Junior Achievement is a 501(c)(3) not-for-profit organization which believes that every child deserves an education in economics and finances in order to inspire and prepare them for success in a global economy. Serving Arizona’s youth since 1957, JA prepares young people for the real world by showing them how to become self-sufficient, how to create jobs which make their communities robust, and how to apply entrepreneurial thinking to the workplace. Junior Achievement of Arizona reached nearly 83,000 students during the 2010-2011 school year.