"They liked the look of the building and the way it wasdesigned. It has architectural appeal," Jeff Hartland with Grubb& Ellis Co.'s office division tells GlobeSt.com, referring tothe 8502 E. Princess Dr. building chosen by Gilbertson AssociatesInc.
The firm, formerly located in Scottsdale Airpark, was soimpressed by the 40,000-sf building's dramatic architecture, thatit signed on to be a seven-year tenant at about $24 per sf,Hartland said. Located in North Scottsdale's Perimeter Center, thePrincess II is owned by TD Princess Ventures II.
Hartland and Eric Wichterman with Grubb & Ellis' investmentdivision represented Gilbertson Associates in the leasenegotiations. Michael White and Mike Kitlica, both of InsigniaESG's Phoenix team, handled talks for the building owner.
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