Deer Valley Financial Center fully occupied

Real Estate | 18 Jul, 2018 |

Deer Valley Financial Center has recently attracted five new tenants, bringing the Northwest Phoenix office complex to 100% occupancy.  The project, located at 22601 N. 19th Ave., was acquired in February by ViaWest Group of Phoenix.

“ViaWest took a proactive approach, integrating a variety of tenant-friendly amenities and move in ready spec suites at Deer Valley Financial Center, which tenants found extremely appealing. Tenants jumped on the opportunity to be part of the new amenity rich renovations as they knew spaces would be in high demand,” says Ryan Timpani of Colliers International in Greater Phoenix.  “Employee-focused features such as community shuffleboard, television and lounge areas, as well as on-site dining have created one of the best multi-tenant office environments in the submarket.”  Timpani and Kyle Campbell serve as exclusive leasing agents for the Deer Valley Financial Center and represented the landlord in the following lease transactions. 

Innovative Pain & Wellness, PLC of Scottsdale signed a long-term lease for 5,690 square feet of space at the property.  The pain management firm was represented by Rich Andrus and Tanner Milne of Menlo Group Commercial Real Estate in the lease negotiations.

Phoenix Managed Networks, LLC, a telecom firm based in Reston, VA, has leased 5,374 square feet of space for more than five years.  The company was represented by Rick Mineweaser of Diamond Pacific Investments, Inc.

Qmes Holdings LLC has leased 3,122 square feet of space for more than three years.  The durable medical equipment and supply company is based in Pennsylvania.  Dan Casey of DAUM Commercial Real Estate represented the company in its lease negotiations.

Quest Civil Contractors, LLC, a Phoenix-based construction company, has leased 2,207 square feet for two years.  The firm was represented by Eric Bell of Kidder Matthews in the transaction.

DuBe Talent Consulting, LLC, a Minnesota company, has leased 1,942 square feet for more than five years.  The human resources consulting firm is headquartered in Boston and was represented in the negotiations by Kyle Stickles of Cresa Phoenix.

“When we purchased Deer Valley Financial Center, we could see its untapped potential and we planned to execute on a spec suite and amenity program focused solely on the tenants and their employees,” said Steven Schwarz of ViaWest Group. “Prior to delivering any of the improvements, we were successful in bringing the property to 100% occupancy within the first five months of ownership. Although it was not an easy feat, it proves how strong the Deer Valley submarket has become. We foresaw the desire for an amenity rich environment. We created and delivered as promised and the success was clearly demonstrated by our lease up.”

Deer Valley Financial Center is a two-building, campus style office project located near the intersection of 19th Avenue and Deer Valley Road.  The 126,578-square-foot development features Class A office space, common conference facilities, community shuffleboard, television and lounge space, as well as on-site dining.  The ViaWest Properties asset is adjacent to the Deer Valley Airport and just 20 minutes from Sky Harbor International Airport.  The property offers convenient access to Interstate 17 just one mile away and Loop 101 access just two miles from the project.

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