On July 1, NAIOP announced a new name for the organization: the Commercial Real Estate Development Association, or CREDA. According to CREDA, the new branding better communicates the broad scope of commercial real estate work members engage in, such as multifamily housing, retail destinations, logistics and fulfillment facilities, offices, mixed-use developments, data centers and more. To celebrate this new era for the association and honor its past achievements, here is one of the winners of 2026’s Best of NAIOP Awards.
JLL Office Team
Pat Williams, vice chairman // Andrew Medley, executive managing director // Chris Corney, managing director // Vicki Robinson, executive vice president
2025: Total transactions: 119
Total space: 7,874,453 square feet
Total value: $385,256,975.98
Background: The JLL Office Team exclusively represents office/medical tenants in facility and site acquisition, offering services such as marketing, strategy implementation, site evaluation and selection, detailed financial analysis and lease review, and negotiations. Collectively, these brokers have represented some of the most prominent companies and largest users of office space in Arizona including Banner Health, Koch, Shutterfly, PayPal, Wells Fargo, Array Technologies, State of Arizona, City of Phoenix, Carlisle, Northern Bank, Sonora Quest Laboratories, among others.
Big Deals
Bond
Owner/developer: George Oliver
General contractor: RSG Builders Architect: George Oliver Design
Size: 287,000 square feet City: Phoenix
Details: Banner Health, which employs 46,700 people statewide and operates as both the state’s largest healthcare system, executed a 78% footprint reduction — relocating from 304,000 square feet to 67,000 square feet at the recently redeveloped Bond office building along the Camelback Corridor.
After implementing a flexible work policy during the pandemic, Banner Health leveraged JLL’s occupancy planning services to analyze actual space utilization patterns. These data-driven insights confirmed their hybrid work model would remain permanent, enabling substantial reductions in lease obligations and administrative overhead.
The result is a right-sized headquarters that supports Banner Health’s evolving workforce strategy while generating significant cost savings for this essential healthcare organization.
Northsight Corporate Center
Owner: Vertical Ventures
Size: 136,000 square feet City: Scottsdale
Details: As one of Scottsdale’s largest employers, Vanguard Financial Services has employed over 5,000 people at its regional western headquarters since 2000. The company needed to expand beyond its self-owned campus. The JLL Office Team was tasked with finding around 140,000 square feet of space.
An opportunity was discovered adjacent to Vanguard’s campus to turn Northsight Corporate Center into an integrated extension of the regional headquarters. The transaction required the buyout of an existing tenant, and the subsequent negotiation of a long-term lease to protect Vanguard’s interests.