TEMPE, AZ-One of the nation’s largest financial services firms is locating its first U.S. regional headquarters in Tempe’s Arizona State Research Park, which will open next year.

The firm, which has 6,300 branches nationwide and five million customers, will build a 130,000-sq data/office center on a 10.8-acre parcel.

The deal involves a ground lease valued at $3 million and construction of the $18-million building, bringing the total deal value to $21 million. Ryan Construction is the contractor, and Arcturis of St. Louis is the architect.

The building is the first of a three-phase complex the company plans to build there. Edward Jones has a lease option on another 8-acre parcel, where it plans to build an additional 250,000 sf of office space over the next five to 10 years.

Grubb & Ellis’ Phoenix office represented Edward Jones in both the land and construction transactions.

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