SkySong I & II

1375 & 1475 N. Scottsdale Road
Scottsdale, AZ 85257

 

Size:  +300,800 SF Total

Client:
USAA

Print

Plaza Logo good

Requirement

  • Lease a new development in a difficult location starting at 50%

Challenge

  • Full collaborative approach toward leasing
  • Streamlined process – unique decision making

Solution

  • Secure a national credit anchor tenant for each phase
  • Pursue tenants from six surrounding sub-markets

Benefits/Results

  • Complete overhaul of project to a vibrant place to create 98% occupancy
  • Maximized disposition price
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Camelback Commons

4722 & 4742 N. 24th Street
Phoenix, AZ 85016

 

Size:  +322,406 SF Total

Client:

McCarthy Cook

Requirement

  • Lease a 62% occupied, two-building campus for institutional client and their lender

Challenge

  • Project perceived by market as a confusing layout
  • Lack of on-site amenities
  • Lack of available tenant improvement dollars for spec suites

Solution

  • Develop the proper tour route
  • Create “The Deck”
  • Be patient to find the right tenant who could wait for TI’s

Results

  • Over 65,000 SF of leasing in the first year
  • Additional 35,000 SF of deals signed in the following six months
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Desert Ridge Corporate Center I & II

20830 & 20860 North Tatum Blvd
Phoenix, AZ 85050

 

Size:  +274,291 SF Total

Client:
RyanLogo good

Requirement

  • Lease 274,000 SF of Class A Office Space

Challenge

  • Pre-leasing
  • Competing with other quality buildings

Solution

  • Secure a national credit anchor tenant for each phase and also pursue tenants from six surrounding sub-markets

Results

  • Achieved above pro forma lease rates
  • Sold the building at optimal time
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One Agave

8950 South 52nd Street
Tempe, AZ 85284

 

Size:  +77,432 SF Total

Client:
Griffin Partners

Requirement

  • Take over and lease up the only Class A building along the I-10 freeway in Tempe

Challenge

  • Vanilla shell space
  • Lots of competitive options

Solution

  • Working with the right clients that could wait for a build out
  • Offered building signage and most competitive Class A pricing

Results

  • Four deals totaling over 20,000 SF bringing the occupancy to 94%
  • Increased rates by $1.50/SF in one year
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Park One

2111 & 2141 E. Highland Ave.
Phoenix, AZ 85016

 

Size:  +197,000 SF

Client:

Velocis

Requirement

  • Lease two Class A buildings totaling +197,000 SF

Challenge

  • All vacancy was vanilla box
  • Space sat vacant for years
  • Needed to change market perception of building

Solution

  • Build out small spec suites
  • Strike the right deal for larger vanilla space
  • Hold broker events to re-introduce the project

Results

  • Leased project to over 90% occupied in the first year
  • Increased rents by over 10%
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Chandler Forum

1975 S. Price Road
Chandler, AZ 85286

 

Size:  +153,000 SF

Client:

piedmont-office-realty-trust-logo

Requirement

  • Dispose of 153,000 SF office building

Challenge

  • Leasing restrictions in Price Road Corridor
  • Lack of lease term

Solution

  • Market to local, regional and national buyers
  • Complete leasing and capital markets team approach

Results

  • Found motivated buyer who valued location
  • Achieved projected sales price
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5050 @ Camelback

5050 N. 40th Street
Phoenix, AZ 85018

 

Size:  +72,000 SF Total

Client:
Mark IV Capital

Challenge

  • Leasing in a depressed market

Solution

  • Improving the common areas and creating the best spec suites in town

Benefits/Results

  • Improved occupancy immediately
  • Increased lease rates
  • Tenant retention
  • Today we are 95% leased
  • Branding success for Mark IV Capital
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Camelback Square

6991 E. Camelback Road
Scottsdale, AZ 85251

 

Size:  +174,917 SF Total

Client:

Logo_Oaktree_Capital

LPC- Lincoln Stacked blk- New 2014

Requirement

  • Lease a 175,000 SF Class A, multi-tenant office building to stabilization

Challenge

  • Stabilize a 64% leased building
  • No large blocks of space available

Solution

  • Focused marketing to target audience
  • Shifted tenants to create big block of space

Benefits/Results

  • Leased up to 93% occupancy
  • Sold the building, making the owners a great profit ahead of schedule
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River Corporate Center

8075 South River Parkway
Tempe, AZ 85284

 

Size:  +133,225 SF Total

Client:

Piedmont Logo

Requirement

  • Lease a vacant 133,225 SF office building for a Publicly Traded REIT

Challenge

  • Depressed market
  • Minimal large users

Solution

  • Patience for the right deal
  • Help nearby tenant consolidate

Benefits/Results

  • 12 year lease to credit tenant
  • Increased Funds from Operation (FFO) for client
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1515 Osborn

1515 East Osborn Road
Phoenix, AZ 85014

 

Size:  +33,000 SF Total

Client:

Requirement

  • Sell the former home of United Way after 57 years of occupancy

Challenge

  • Building in need of substantial capital improvements
  • Finding highest and best use for site

Solution

  • Market to office, medical and residential users
  • Position site’s long-term potential

Results

  • Brought in multiple offers to create building user
  • Our client received full asking price
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