Downtown Tempe, AZ
PHOENIX, AZ– On behalf of
California-based Silicon Valley Bank (SVB), the Phoenix office of Jones
Lang LaSalle has completed a 25,579-square-foot lease expansion in the Hayden
Ferry Lakeside I office building in downtown Tempe, Ariz.
 |
| Keith Lammerson |
The announcement brings SVB’s
total leased space at the building to approximately 75,000 square feet across
three floors and currently makes it the largest tenant in the 10-story, Class A
office property.
 |
| Jason Moore |
“Silicon Valley Bank is
fulfilling its original expansion plans, which are going well and ahead of
schedule,” said Jones Lang LaSalle Vice President Keith Lammersen, who
represented SVB in the lease transaction along with Jones Lang LaSalle Vice
President Jason Moore and Executive Vice President Jim Sadler.
The building owner, Parkway
Properties, Inc., was represented by its Vice President and Managing Director Mat
Mooney and Senior Property Manager Mark Sanford.
 |
| Jim Sadler |
SVB signed its original lease at
Hayden Ferry Lakeside I in early 2013, moving into 49,374 square feet by
mid-year. It uses the space for an IT and operations center and will use the
additional space to continue to build the teams that are now located there.
“Our local talent, affordability
and quality of life helped attract SVB to the Valley. Those factors continue to
support the company’s local growth plan,” said Lammersen.
For a complete copy of the
company’s news release, please contact:
Stacey Hershauer
focusAZ
Marketing & Public Relations
(480) 600-0195
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