PHOENIX—CBRE has completed a 20,000-square-footoffice lease at Element at Kierland located at 14614 N. KierlandBlvd. in Scottsdale. Luke Walker, DaveCarder and Eric Schultzwith CBRE's Phoenix office represented the landlord,Montana Avenue Capital Partners,LLC of Santa Monica. The tenant, Scottsdale-basedSheKnows, was represented by ClintHardison with Keyser.

“MAC has made significant investments to the property over thepast several months with $1.3 million invested in upgrading thecommon areas and enclosing the breezeway, creating a new commonlobby area at the main building entrance. The way office tenantsare utilizing space is changing, and property owners like MACrecognize that,” says Walker. “The activity we've seen so far andthe lease with SheKnows have reinforced the fact that Element atKierland, and the type of space offered therein, will meet thedemand for creative, modern, flexible workspace and offer the“lifestyle” type of work environments users want.”

Walker tells GlobeSt.com, the focus on open andcollaborative environments is becoming a more common requirementfor tenants of late. “The trend is increasing—we're seeing moretenants looking for that creative space, and it's across the board.It's not just one type of tenant; it's a busy part of themarket.”