SCOTTSDALE, AZ-Equiant Financial Services Inc. has leased 17,350 square feet in Chaparral Business Center VI, located at the northwest corner of Loop 101 and Chaparral Road.
The firm is expanding and relocating from its current 16,000-square-foot offices in downtown this summer, according to Cooper Sutherland, finance/development manager for Lincoln Property Co., which developed and manages Chaparral Business Center VI. Located at 5401 North Pima Rd., the complex consists of 70,735 square feet and has an asking rent of $23.50 per square foot.
Cooper tells GlobeSt. that Chaparral Business Center VI offers better space efficiency than the firm’s previous location. Additionally, the firm’s new lease includes prominent signage that is visible from Loop 101 where 160,000 vehicles pass daily.
“This location is a great fit for us,” says Don Schade, vice president of Equiant. “We were looking for a building that would allow us to start fresh and design efficient workspace for our company.”
With the Equiant lease, Chaparral Business Center VI is 92% occupied. Other tenants in the complex include: Fender Musical Instruments Corp., OneNeck IT Services and Keller Williams Realty.
Kevin Calihan of CB Richard Ellis represented Equiant, while Jerry Roberts and Corey Hawley, also of CBRE, represented the landlord.
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