"They came to town and immediately focused on North Scottsdale,"Jim Watkins with Lee & Associates Arizona's Phoenix officetells GlobeSt.com about the nod for the 14636 N. Scottsdale Rd.property, owned by Furst Properties. "It's a proven location."
Watkins tells GlobeSt.com that one of Capital Group'scompetitors, the Vanguard Group, has a presence in the ScottsdaleAirpark. "Scottsdale is a proven location with an educatedworkforce, which made a large bearing on the decision," heexplains.
According to Watkins, Capital Group had a lot of options inNorth Scottsdale that met its criteria of class A space and a classA environment. Within four months, however, the firm had honed inon Kierland. "They liked the Kierland development because ofthehigh-quality office and retail in the area," he says.
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