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Matt Root Matt Root

Scottsdale is becoming a top submarket in the Phoenix metro for large corporate users. The market has access to talent and quality office space, making it a good fit for corporate tenants, and asset values are increasing. Parallel Capital Partners sold Kierland Corporate Center, one of the top addresses in the market, for $25 million, one of the highest per-square-foot prices in the market. The property is nearly 82,000 square feet and 93% occupied by companies including STMicroelectronics Inc., Eide Bailly, Stifel, Nicolaus & Company and Sherman & Howard, and it is a great example of the office activity in Scottsdale.

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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