PHOENIX—Construction and conversion has begun for The CircuitTempe, a 190,000-square-foot ultra-modern, high density, class Aoffice project at 615 S. River Dr. in Tempe. Formerly anindustrial manufacturing facility for Jabil Circuit, the sizablebuilding has been dramatically re-designed to serve as the Valley'sfirst speculative large-scale, millennial focused officeproperty. Jerry Noble, PatDevine, Jackie Orcutt and RyanBartos of Cushman & Wakefield ofArizona serve as exclusive leasing agents for The CircuitTempe.

Situated on the Loop 101 and University Drive, the 16.5-acreproperty rests in the heart of a booming Tempe office market. The Southeast Valley has recently attracted substantial interestfrom tech companies and large office users who are committed toattracting and retaining a young, educated workforce.

Bartos tells GlobeSt.com, “This project is cooland unique to the market, like what you might see in New York orSan Francisco. It will be a community within a building.Millennials are dictating the way in which real estate decisionsare being made. The work schedule has changed; it's no longer nineto five, it's 10 to 10. Employees may leave the building for awhile and come back and work later. Working after hours gives thema chance to utilize some of these cool spaces like the bocce ballcourt, the grilling area and other features. Access to theuniversity was very important as well as the ability to utilize thelabor coming out of Gilbert, Chandler and Mesa.”