SCOTTSDALE, AZ – May 13, 2013 – (RealEstateRama) — Pennsylvania-based Heckmann Corp. signed a 20,162 SF lease at The Pinnacle in Kierland I, 14624 N. Scottsdale Rd., Scottsdale. The 10-year lease commences in the third quarter 2013. The space is in shell condition and the tenant has been provided tenant improvement monies to fi nish the space.
Lee & Associates Principals Jim Watkins, Craig Coppola and Andrew Cheney worked on behalf of the property owner, Scottsdale Kierland Property LLC of Scottsdale. Heckmann Corp. was represented by Chuck Nixon of CBRE.
Heckmann Corp. is an environmental solutions company that focuses on the delivery, collection, treatment, recycling, and disposal of restricted solids, water, waste water, used motor oil, spent antifreeze, waste fl uids and hydrocarbons.
The Pinnacle in Kierland I building features 81,000 SF of Class A offi ce space in a three-story building. Built in 1999, the property features 5/1,000 parking ratio, a 30’ water fountain and a two-level parking structure. The building is of part of the larger Pinnacle development featuring four buildings totalling 483,000 SF.
The excellent location borders Scottsdale Airpark, the Valley’s secondlargest employment center and is adjacent to the popular shopping and entertainment destinations of Kierland and the Scottsdale Quarter. It’s close proximity to the Loop 101 makes the location an ideal setting for discerning companies.
About Lee & Associates Arizona
Lee & Associates Arizona specializes in providing exceptional commercial brokerage services to the industrial, offi ce, land and investment sectors of the Phoenix commercial real estate market. The Phoenix offi ce was established in 1991 and is now recognized as one of the most successful brokerage fi rms in the state. Each of the 47 nationwide Lee & Associates offi ces has a strong local ownership combined with a powerful platform from the national Lee & Associates network.
Jim Watkins, 602.954.3760 or jwatkins (at) leearizona (dot) com
Senior Research Analyst
Public Media Relations
mdepinto (at) leearizona (dot) com