SCOTTSDALE, AZ-Regus Corp. has taken down 16,324 square feet at Promenade Corporate Center for its 15th metro location. The new space is part of the flexible workspace provider's national and international expansion plan, outlined in a previous article published on GlobeSt.com.
Executive Vice President Jeffrey Wentworth and Associate Vice President Sean Spellman with Cassidy Turley Arizona's Office Group represented the landlord, Excel Promenade Office LLC, in the transaction for space at 16427 N. Scottsdale Rd. Kevin Calihan with CBRE represented Regus Corp. According to Regus' website, the company has locations in the CBD, at 24th and Camelback and in Tempe, Gilbert, Mesa, Paradise Valley and Scottsdale.
Promenade Corporate Center was built in 2001 and 2005 and consists of two four-story Class A office buildings totaling 258,279 square feet. Located in the Scottsdale Airpark Market, the office property is currently 87% occupied. Promenade Corporate Center is adjacent to the Promenade Retail Center with tenants that include Capital Grille, Maggiano's, Benihana, Nordstrom's Rack and Stein Mart.
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