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| Virginia (Gigi) Martin |
The
purchase, which follows the partnership’s mid-2024 acquisition of 4141 and 4167
N. Scottsdale Rd., expands the companies’ Old Town Scottsdale footprint to over
350,000 square feet. The properties will be redeveloped into a new trademark
George Oliver experiential office campus.
 |
| Curt Kremer |
The
Old Town assemblage occupies approximately six acres at the prominent corner of Scottsdale
and Indian School Roads. Design concepts for the campus are underway, with
renovations slated to begin in 2025.
Final spaces will align with similar
George Oliver projects such as Arbor in downtown Tempe, CASA in Phoenix’s
Uptown neighborhood, The Alexander and The Johnathan in downtown Chandler, and
Bond, which is nearing completion in the Camelback Corridor.
“Delivering a best-in-class office project in Old Town
Scottsdale has been a bucket list item for George Oliver since our inception,”
said George Oliver Founder and Managing Partner Curt Kremer. “The
purchase of 7272 E. Indian School allows us to execute that goal with a more
robust amenity offering inside a campus-style experiential office portfolio.”
 |
| Jeff Higgins |
"The Old Town buildings are surrounded by premier restaurants, luxury and boutique retailers, nightlife venues and a robust art scene, alongside hospitality and residential developments.
"The area offers convenient access through nearby thoroughfares and is situated near a large and diverse workforce, making it an ideal location for businesses seeking vibrant surroundings and a dynamic community."
Based in Arizona, George Oliver is known for its modern
aesthetic design and placemaking catering to the unique needs of a project’s
submarket. 
Ben Geelan
In Old Town, George Oliver will cater to a vibrant workforce with award-winning, hospitality-centric amenities such as extensive conference spaces, individual teleconferencing and podcasting areas, on-site concierge services, state-of-the-art fitness centers, yoga facilities, luxury locker rooms, dining and bar areas, mother’s rooms, libraries, recreation spaces, game areas, dog patios and on-site EV chargers.
About George Oliver
George Oliver LLC is a locally based
commercial real estate company that operates on the cutting edge of office and
industrial workspace environments.
 |
| Will Mast |
Healthy, happy and productive workspaces are giving businesses the upper hand, and unrivaled design, amenities and tenant experiences are front-and-center in every one of our buildings.
Experience the difference yourself at
any of our award-winning buildings in Phoenix, Chandler, Scottsdale, Austin,
and Denver.
About Ascentris
Ascentris is a real estate private equity firm based in Denver, Colorado that manages a series of fully discretionary institutional vehicles targeting both value-add and core investments across the major property types and geographic regions within the United States.
CONTACT:
Stacey Hershauer
480.600.0195
