Endomed manufactures endovascular grafts that are custom fit to patients. It's led by the renowned Dr. Ted Diethrich of the Arizona Heart Institute.
Calfee represented tenant and building owners, Jim Freeman and Nick Keiport, in talks for the five-year lease, valued at nearly $1 million. The duo owns one building in the estimated 15-building complex, developed in the late 1980s by Newport Beach, CA-based Koll Development Co. "It stands as one of the premier industrial parks in the metro Phoenix area," says Calfee. The business park is situated off the intersection of Elliott Road and Interstate 10 and within a five-minute drive of Sky Harbor International Airport.
Endomed's TIs provided support to install a 5,000-sf clean room while downsizing the executive office component set up by Laser Scan, a manufacturer of catalogs and marketing brochures. The Endomed deal took eight months to complete as its owners worked through patent issues, says Calfee. But, the firm's in and the operation's up and running at long last.
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