Three Retail Leases Close; Dallas Office Relocation Set

Diamante Property Services has nudged its occupancy to 98% at the 200,000-sf Crossroads Town Center with the signing of a tanning salon to a 1,200-sf long-term lease for 1,200 sf in the community of Surprise, situated northwest of Downtown Phoenix. The neighborhood center, located at the intersection of 123rd Avenue and Bell, has a 40,000-sf 99 Cents Only as its anchor. The salon will open its first location Dec. 1, Susan Tirrella, Diamante's regional leasing manager, tells GlobeSt.com. Diamante Real Estate LLC is the lead partner of the 15-year-old center.

At Diamante's Sun Shadow Square in Del Webb Corp.'s Sun City, the leasing team snagged Pizza Hut and Tag Team Signs to 1,300 sf and 1,200 sf, respectively. Finish-out is now under way. The 100,000-sf neighborhood center at the junction of 99th Avenue and Bell is now 95% occupied, says Tirrella. A 15,000-sf Ace Hardware anchors the 10-year-old plaza.

Prudential Financial has decided to relocate many functions at its Dallas office to the firm's state-of-the-art service facility at 2415 E. Camelback Rd. in Phoenix. The Dallas office came along with Prudential Financial's takeover in October of CitiCapital Relocation. Part of the shift calls for some of the Dallas team to home office in order to support client relationships in the Dallas-Ft. Worth metroplex, according to a Prudential press release. The firm's relocation division is considered one of the nation's leading providers of comprehensive relocation services.