{"id":1004377607,"date":"2019-12-19T23:47:03","date_gmt":"2019-12-20T07:47:03","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004377607"},"modified":"2025-02-27T21:51:22","modified_gmt":"2025-02-28T05:51:22","slug":"upcoming-phoenix-biomedical-campus-lands-new-tenant","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/upcoming-phoenix-biomedical-campus-lands-new-tenant\/","title":{"rendered":"Upcoming Phoenix Biomedical Campus Lands New Tenant"},"content":{"rendered":"
\"Phoenix<\/a>

Phoenix Biomedical Campus. Rendering courtesy of Transwestern<\/em><\/p><\/div>\n

The Center for Entrepreneurial Innovation \u2013 Maricopa Community College has signed a 10-year lease with Wexford Science + Technology to occupy 6,500 square feet at its Phoenix Biomedical Campus in the city\u2019s downtown. Transwestern Commercial Services\u2019 Managing Director Mark Stratz and Senior Vice President Scott Baumgarten represented the landlord in the deal. The team was recently selected to lease floors five to seven of the upcoming 104,000-square-foot building<\/a>. <\/p>\n

Starting the end of next year, CEI will occupy space on the ground floor of the Class A development, where it will operate its LabForce and Validation Lab programs. The college will join Arizona State University, which also plans to occupy four floors at the location.<\/p>\n

The 227,000-square-foot property at 850 N. Fifth St. is near Arizona State University\u2019s downtown campus and will be part of a seven-building campus, expected to include 6 million square feet upon delivery. Wexford broke ground on the project in May 2019, which is one of the several university-related developments the company is working on in partnership with Ventas Inc<\/a>. Wexford tapped developer Okland Construction and HKS Architects to deliver the Saguaro cactus-shaped building. Completion of the project is expected at the end of 2020.<\/p>\n

If you\u2019d like to be featured in Brokers\u2019 Corner, send your deal to deals@cpe-mhn.com<\/strong><\/a>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Transwestern\u2019s Managing Director Mark Stratz and Senior Vice President Scott Baumgarten acted on behalf of landlord Wexford Science + Technology. <\/p>\n","protected":false},"author":30,"featured_media":1004365520,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,21743,21782,21742,21747,1601,15],"tags":[34927,38796,34995,42440,34451,45974],"class_list":["post-1004377607","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-deals","category-development","category-latest","category-office","category-phoenix","category-west","tag-hks","tag-mark-stratz","tag-okland-construction","tag-transwestern-commercial-services","tag-ventas-inc","tag-wexford-science-technology"],"acf":[],"yoast_head":"\nUpcoming Phoenix Biomedical Campus Lands New Tenant - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/upcoming-phoenix-biomedical-campus-lands-new-tenant\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Upcoming Phoenix Biomedical Campus Lands New Tenant\" \/>\n<meta property=\"og:description\" content=\"Transwestern\u2019s Managing Director Mark Stratz and Senior Vice President Scott Baumgarten acted on behalf of landlord Wexford Science + Technology.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/upcoming-phoenix-biomedical-campus-lands-new-tenant\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2019-12-20T07:47:03+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-28T05:51:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/11\/CPE-Brokers-Corner-827x400.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"827\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Roxana Baiceanu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/upcoming-phoenix-biomedical-campus-lands-new-tenant\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/upcoming-phoenix-biomedical-campus-lands-new-tenant\/\",\"name\":\"Upcoming Phoenix Biomedical Campus Lands New Tenant - 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