Sunday, May 8, 2016

On Par: Three New Office Leases, Golf Amenity Push Occupancy at Stonecreek Pointe in Phoenix, AZ

Stonecreek Pointe, Paradise Valley, Phoenix, AZ
John Bonnell
PHOENIX, AZ– Golf course-facing views and significant property renovations at Stonecreek Pointe have attracted three new tenants to the Paradise Valley office project.

 On behalf of building owner HighBrook Investment Management/Cypress Office Properties, the Phoenix office of JLL has completed almost 30,000 square feet in new leases to Premier Business Centers, Vertical Measures and People’s Mortgage. The leases bring the building (formerly Anasazi Plaza II) to 75 percent occupied.

JLL Managing Director John Bonnell, Senior Vice President Brett Abramson and Vice President Chris Latvaaho represented the landlord in all three transactions:

·  Premier Business Centers, a leading national operator of executive suites and office centers, leasing 15,000 square feet.
·  Vertical Measures, an award-winning, Phoenix-based SEO and content marketing firm, leasing 10,808 square feet.
·  Peoples Mortgage Company, a national real estate financing firm established in Arizona in 1998, leasing 3,679 square feet.

In the past 12 months, JLL has completed 27,882 square feet of additional leases at the project, for a total of 57,369 square feet in new commitments. This activity includes digital marketing and internet advertising company Zog Digital (19,511 square feet), law firm Begam & Marks (5,203 square feet) and Churchill Mortgage (3,168 square feet).

For a complete copy of the company’s news release, please contact:
 Stacey Hershauer
 +1 480 600 0195

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