Hool Coury Law expands lease at Biltmore Financial Center
Hool Coury Law, a Phoenix law firm that helps entrepreneurs launch start-ups, has expanded its offices to nearly 5,000 square feet at the Biltmore Financial Center, adding new space adjacent to its existing offices for meetings with its client entrepreneurs and to facilitate meetings with investors and clients.
Hool Coury Law assists entrepreneurs and investors in launching companies, deploying capital, rapidly scaling and planning an exit. The law firm formed the Biltmore Angel Fund, hosts the Arizona Collegiate Venture Competition and participates in Phoenix Startup Week.
The law firm, with five lawyers and two paralegals, has been located at Biltmore Financial Center, 2398 E. Camelback Road, for eight years.
“The Biltmore Financial Center has been our law firm’s home for many years now,” said Michael D. Hool, managing partner of Hool Coury Law. “The location provides close access to angel investors and other financial leaders, and this new space provides us more room to do what we have always done–helping launch, fund and grow ventures. In addition, we like ViaWest Group’s vision for fostering business opportunities between tenants.”
In July, ViaWest Group purchased the Biltmore Financial Center, three Class A office buildings totaling approximately 635,000 square feet at the northwest corner of 24th Street and Camelback in Phoenix, for $163.1 million (or $257 per square foot). At the time, the transaction was the largest multi-tenant office sale in the Phoenix area since 2007 and third largest sale ever in the metropolitan area, according to CoStar’s records.
“Hool Coury Law is an example of an increasing entrepreneurial culture at the Biltmore Financial Center where distinguished legal and financial institutions cohabitate with today’s creative class,” said Steven Schwarz, a Founding Partner of ViaWest Group.
With the improvements being announced soon at the property, ViaWest expects this to be the first of many entrepreneurial and institutional firms staking a position at the property to benefit from the unique, collaborative setting that will be fostered through both management and layout.