X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

PHOENIX-The popular intersection of 24th Street and Camelback Road is getting another high-end resident.

The law firm of Greenberg Traurig is moving from its One Camelback high-rise, at Central Avenue and Camelback, to the new Hines building at the southwest corner of 24th Street and Camelback Road. The firm, an affiliate of a Florida firm, broke from O’Connor Cavanaugh last year.

Greenberg Traurig will take the seventh and eighth floors of the new Hines project.

The Camelback Corridor has increasingly become the most popular location for office tenants in the past few years, and the corner of 24th Street and Camelback Road is at ground zero of that bulging demand.

The southwest corner has the newly completed Hines project at the southeast corner of the Camelback Esplanade, where construction is under way on the fifth high-rise office tower and a high-rise condominium project. The first high-rise office to be built at the intersection is on the northwest corner, and the Biltmore Fashion Park, one of the most chic retail locations in the state, is on northeast corner.

The Phoenix office of Grubb & Ellis negotiated the transaction.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.