X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

SCOTTSDALE, AZ-Western Security Bank of Scottsdale has relocated a finance division from the headquarters office with a 39-month lease for 8,280 sf in the Hewson Scottsdale Airpark North. The class A lease, with a $328,680 payout, brings the 66,057-sf building at 7400 E. Tierra Buena Lane to full occupancy.

Tenant improvements, location and building upkeep proved strong lures, according to Mark Linsalata, principal at Lee & Associates Arizona of Phoenix. The building sits close to the Loop 101 freeway. The bank has relocated an operations and finance division from the headquarters at 16277 Greenway Hayden Loop.

Linsalata negotiated on behalf of the owner, GH Scottsdale I LLC, an entity representing the Hewson Co. Mary Kincaid of Coldwell Banker in Scottsdale represented the tenant. The Hewson Co.’s portfolio consists of about 15 million sf in Arizona, California, Mississippi, Tennessee and Utah.

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.