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PHOENIX-A consolidation of two metro locations has prompted an information services and processes company to sign a five-year lease for the 125,552-sf Phoenix West Business Center I. The rent for BCL Inc., which bought the empty class B office building five months ago, will be $14 million over the term.

“I was hoping to get one large tenant for this building, but my expectations were more along the lines of many tenants,” Casey Brown, president of San Diego-based BCL, tells GlobeSt.com. Vangent Inc. is planning a February move-in to 8900 N. 22nd Ave.

Brown acknowledges that the deal with Vangent was completed more quickly than anticipated. The inbound tenant, formerly Pearson Government Solutions, will be consolidating teams now in leased space at 16402 N. 28th Ave. and 5711 W. Fairmount Ave.

BCL’s broker, Ashley Brooks Jr., senior vice president with CB Richard Ellis in Phoenix, says within a month of the building’s purchase from Transwestern Investment Co. LLC of Chicago, he and CBRE first vice president James Bayless learned Staubach Co. had a strong credit user looking for space. “We had the space so we fixed the user with BCL and it worked out for them,” Brooks says. Vangent, headquartered in Arlington, VA, was represented by Staubach principal Wally Hale, senior associate John G. Pierson and Todd Linde, all in the Phoenix office.

Part of the building’s appeal for Vangent was a large computer room left from Denver-based Qwest Inc.’s occupancy. “It was one of the reasons why this made sense for them,” Brown explains.

Brooks says Vangent also was drawn to the security that the 4.74-acre asset had to offer. “They liked the fact it was a single-tenant building because in their line of business, they’re fairly security-conscious,” he adds. “Vangent ended up with a building that fit their business model for the next five years, without having to worry about other tenants or security.”

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