PHOENIX—CBRE has negotiated a 62,771-square-foot office lease at Black Canyon Commerce Park located at 2133 W. Peoria Ave. in Phoenix. The building is now 100% leased to Progrexion, a technology enabled consumer service business that provides a suite of credit repair services.

Currently, Progrexion occupies approximately 60,000 square feet in the I-17 corridor submarket. The additional 62,000-plus square feet will be used to house the 450 new employees Progrexion plans to hire in the near future.

Ashley Brooks, Jim Bayless and Jenny Aust Turner of CBRE's Phoenix office represented the landlord, Newport Beach-based Granite Black Canyon Holdings, in negotiating the long-term lease agreement. Darius Green of Keyser and Sam Pruitt of Site Selection Group represented Progrexion.

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