PHOENIX—CBRE has completed two office leasestotaling 67,335 square feet in Metropolitan Phoenix. The leases arerepresentative of new office requirements by the state of Arizonafor the newly created Child Safety and Family Services agency.

A 26,265-square-foot, full-floor space in West 101 CorporateCenter, which is owned by Los Angeles-based RegentProperties and located at 1860 N. 95th Lane inPhoenix, will service CSFS's West Valley clients. The secondlocation is a 41,070-square-foot office building at the Corridorsbusiness park, formerly owned by Chicago-based The AlterGroup and recently purchased by Los Angeles-basedAdler Realty Group. Located at 1925 W. PinnaclePeak Rd. in Phoenix, this location will service North Phoenix.

Jim Bayless, Ashley Brooks andJenny Aust with CBRE's Phoenix office negotiatedthe long-term lease transactions on behalf of Regent Properties andThe Alter Group. The state of Arizona was represented byChris Corney with JLL's Phoenixoffice.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.