{"id":1004380676,"date":"2020-01-10T11:00:44","date_gmt":"2020-01-10T19:00:44","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004380676"},"modified":"2022-03-04T01:04:43","modified_gmt":"2022-03-04T09:04:43","slug":"avison-young-expands-phoenix-footprint","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/avison-young-expands-phoenix-footprint\/","title":{"rendered":"Avison Young Expands Phoenix Footprint"},"content":{"rendered":"
\"Camelback<\/a>

Camelback Lakes. Image courtesy of Avison Young<\/em><\/p><\/div>\n

Avison Young has signed a six-year lease for a 12,000-square-foot office space in Phoenix. The new location is on the ground-floor of the Camelback Lakes office complex, adjacent to the firm\u2019s current 8,000-square-foot office. A partnership between DRA Advisors and Mainstreet Capital Partners acquired Camelback Lakes in June 2019 for $47.5 million<\/a>, with plans to upgrade the property early this year.<\/p>\n

Built in 1983, the four-building Camelback Lakes campus consists of roughly 203,000 square feet and is situated in the heart of the Camelback Corridor at 2710 E. Camelback Road. The property offers convenient access to Biltmore Fashion Park Mall, a 600,000-square-foot luxury lifestyle retail center and to various retail and entertainment venues including Arizona Biltmore Golf Club, Whole Foods Market, Trader Joe\u2019s, Best Buy and Target. Additionally, Sky Harbor International Airport is a 10-minute drive away.<\/p>\n

The new location will feature common-area amenities including large meeting rooms, a collaborative area, a lounge, a private patio and a total of 618 parking spaces. According to Yardi Matrix data, the property last traded in 2006, when AEW Capital Management acquired the asset for $21.2 million from AmeriVest Properties. <\/p>\n","protected":false},"excerpt":{"rendered":"

The company has signed a six-year lease for a new office within the Camelback Lakes campus.<\/p>\n","protected":false},"author":2518,"featured_media":1004380685,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,21742,21747,1601,15],"tags":[33022,33919,36146],"class_list":["post-1004380676","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-latest","category-office","category-phoenix","category-west","tag-avison-young","tag-dra-advisors-llc","tag-mainstreet-capital"],"acf":[],"yoast_head":"\nAvison Young Expands Phoenix Footprint - 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\/avison-young-expands-phoenix-footprint\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Avison Young Expands Phoenix Footprint\" \/>\n<meta property=\"og:description\" content=\"The company has signed a six-year lease for a new office within the Camelback Lakes campus.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/avison-young-expands-phoenix-footprint\/\" \/>\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=\"2020-01-10T19:00:44+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-03-04T09:04:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/01\/Camelback-Lakes.png\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Adina Marcut\" \/>\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\/avison-young-expands-phoenix-footprint\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/avison-young-expands-phoenix-footprint\/\",\"name\":\"Avison Young Expands Phoenix Footprint - 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