Tempe-based Commercial Properties, Inc., a commercial real estate brokerage, announced the lease of two suites totaling 16,377 square feet for Hypur Inc.

The suites are located at the Acoma Business Center near University Drive and 52nd Street at the Acoma Business Center. The center is located in the Scottsdale Airpark, and was listed by Shell Commercial.

Hypur is a software development firm that enables financial institutions to utilize technology in an intelligent manner that helps manage risk and proactively serve their clientele.

Chad Dearmore of CPI’s Scottsdale Office Group represented Hypur in the search for a property that allowed this innovative tenant to have a creative work space that met their needs.

Dearmore worked directly with the CEO in identifying the property, structuring the deal and negotiating the lease to combine both suites 7  and 8 in the Acoma Business Center.

” This dynamic client required a creative office environment to both attract and retain top level talent in the software development industry. Working with JTA Commercial Interiors, 7812 E. Acoma Drive’s two story open flex layout gave us the freedom to design a progressive office space that reflects Hypur Inc. innovative vision,” Dearmore said.

The 16,377 SF lease resulted in $1.35 million in total consideration.