VOIT COMPLETES NEW 20,179 SQUARE-FOOT OFFICE LEASE IN METRO PHOENIX AREA
Voit directed a new 20,179 square-foot office lease at Warner Crossing Business Park
Tenant will bring new jobs to the Phoenix market
Tempe, AZ – May 7, 2012 – (RealEstateRama) — Voit Real Estate Services’ Phoenix office has successfully completed a new five-year, 20,179 square-foot office lease at the Warner Crossing Business Park in Tempe, Ariz. on behalf of the lessor. This $1.3 million transaction was recorded as the tenth largest office lease completed in the Metro Phoenix area in the first quarter of 2012, according to The Costar Group.
Scott Nelson worked with Troy Nelson of Voit’s Phoenix office to represent the ownership group, a large West coast special servicing company. The lessee, Verifications, Inc., a hiring solutions provider based in Minneapolis, MN, was represented by Mike Beall of Cushman & Wakefield. Verifications, Inc. will use this space as its new Western service center.
“We understood from the beginning that this tenant was working under a very tight time frame,” said Scott Nelson. “We worked closely with the tenant’s broker to negotiate the deal and get the tenant improvements going so they could occupy the building as soon as possible.”
The property is located at 8260 South Hardy Drive in Tempe, Ariz.
Voit Real Estate Services represents two single-story office buildings totaling 137,434 square feet at Warner Crossing Business Park in the Southwest Tempe submarket. The property features a campus environment and is located one mile from Interstate-10, close to a variety of stores, restaurants and lodging.
About Voit Real Estate Services
Voit Real Estate Services is now a 10 office commercial real estate firm that, through its brokerage and asset services professionals working together, provides strategic property solutions tailored to clients’ needs. Combining 40 years of expertise in brokerage, investment advisory, financial analysis, market research, asset management, tenant advisory and property management services, Voit provides clients with forward looking strategies that create value for their assets and portfolios.
Voit is a privately held, debt-free firm that has successfully navigated numerous market cycles since 1971 and currently employs more than 250 people. Voit has owned, developed and managed over 50 million square feet of commercial real estate, participated in $1.4 billion of construction projects and completed over $36 billion in brokerage transaction volume. Further information is available at www.voitco.com.
Contact:
Judith Brower/Jenn Quader
Brower, Miller & Cole
(949) 955-7940
JQuader (at) browermillercole (dot) com
