Salt River Devco announced it has leased 67,734 SF and reached 91 percent occupancy at the Chaparral Business Center. New tenants include education solutions company Edgenuity Inc., internet security firm Sitelock, LLC., mortgage lender New American Funding and title and escrow company Title 365.
Devco, an enterprise of the Salt River Pima-Maricopa Indian Community, is an asset management and commercial development company. It manages 108 acres of land between Chaparral Road and McDonald Drive including seven commercial buildings totaling over 500,000 SF at the Chaparral Business Center. Up to 1 MSF of office, flex industrial, retail and medical uses are planned for the remaining acreage.
“We’re pleased our new tenants recognized the value of the 101 Freeway access, close proximity to downtown Scottsdale and the on-site restaurant and conference center amenities of our Courtyard by Marriott hotel,” said Jeff Roberts, asset manager for Salt River Devco.
