{"id":1004673611,"date":"2023-07-27T02:42:46","date_gmt":"2023-07-27T10:42:46","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004673611"},"modified":"2023-09-04T07:11:26","modified_gmt":"2023-09-04T15:11:26","slug":"lucid-private-offices-to-open-1st-coworking-space-in-phoenix","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/lucid-private-offices-to-open-1st-coworking-space-in-phoenix\/","title":{"rendered":"Lucid Private Offices to Open 1st Coworking Space in Phoenix"},"content":{"rendered":"
\"24th<\/a>

24th At Camelback II. Image courtesy of Cushman & Wakefield<\/em><\/p><\/div>\n

Texas-based flex office provider Lucid Private Offices<\/strong> has signed a 26,910-square-foot lease at 24th At Camelback II, a Class A office building in Phoenix. A\u00a0partnership between Hines<\/strong> and Invesco Real Estate<\/strong> is the developer and owner of the 306,877-square-foot property. The new space marks the tenant’s expansion to Arizona, with planned opening in March 2024.<\/p>\n

The full-floor location will include more than 100 private offices, with spaces suitable for teams of 10 people or more, collaborative coworking areas, a meeting and board games room, as well as a common-area kitchen and outdoor working spaces.<\/p>\n

\n

READ ALSO: As Hybrid Work Expands, Coworking Is No Longer the Exception<\/a><\/p>\n

\n

Cresa<\/strong>\u2019s Principal John Pelletier and Vice President Austin Studebake, assisted by Locate<\/strong>\u2019s Managing Principal Jim Sadler, negotiated on behalf of the tenant. The landlord was represented in-house, with the assistance of Cushman & Wakefield<\/strong>\u2019s Executive Director Scott Boardman and Senior Associate Kristina Cutillo.<\/p>\n

Lucid Private Offices will join the building\u2019s current tenants, including Vereit, Insight Global and Bonnett Fairbourn Friedman & Balint, among others, according to CommercialEdge.<\/p>\n

An energy-efficient office building<\/h2>\n

Located at 2325 E. Camelback Road, the 11-story building comprises 7,562 square feet of retail space, six passenger elevators and 1,179 parking spots. Amenities include a a conference center, fitness center and landscaped outdoor seating space. 24th At Camelback II recently received a WELL Health-Safety Rating, as well as LEED Platinum certification and an Energy Star rating of 92.<\/p>\n

Built in 2010 on an approximately 2-acre lot, the property is 6 miles from Phoenix Sky Harbor International Airport, 7 miles from downtown Phoenix, 11 miles from Tempe, Ariz., and within 17 miles of Mesa, Ariz.<\/p>\n

Other flex office providers also expanded in the metro recently. Earlier this year, Industrious announced plans to open 20,910-square-foot coworking location in Phoenix<\/a>, expected to be operational in September. The space is part of Park Central, a 530,000-square-foot Class A mixed-use project owned by Plaza Cos. and Holualoa Cos.<\/p>\n","protected":false},"excerpt":{"rendered":"

Hines and Invesco Real Estate inked the full-floor lease with the flex office tenant.<\/p>\n","protected":false},"author":2991,"featured_media":1004673612,"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":[34279,32799,32797,33882,32779],"class_list":["post-1004673611","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-latest","category-office","category-phoenix","category-west","tag-cresa","tag-cushman-wakefield","tag-hines","tag-invesco-real-estate","tag-leed"],"acf":[],"yoast_head":"\nLucid Private Offices to Open 1st Coworking Space in Phoenix - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"Lucid Private Offices will open its first coworking location in Arizona at a Class A property owned by Hines and Invesco Real Estate.\" \/>\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\/lucid-private-offices-to-open-1st-coworking-space-in-phoenix\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lucid Private Offices to Open 1st Coworking Space in Phoenix\" \/>\n<meta property=\"og:description\" content=\"Lucid Private Offices will open its first coworking location in Arizona at a Class A property owned by Hines and Invesco Real Estate.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/lucid-private-offices-to-open-1st-coworking-space-in-phoenix\/\" \/>\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=\"2023-07-27T10:42:46+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-09-04T15:11:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/24th-At-Camelback-II-e1690365453872.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1018\" \/>\n\t<meta property=\"og:image:height\" content=\"764\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Simona Tudose\" \/>\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\/lucid-private-offices-to-open-1st-coworking-space-in-phoenix\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/lucid-private-offices-to-open-1st-coworking-space-in-phoenix\/\",\"name\":\"Lucid Private Offices to Open 1st Coworking Space in Phoenix - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/lucid-private-offices-to-open-1st-coworking-space-in-phoenix\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/lucid-private-offices-to-open-1st-coworking-space-in-phoenix\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/24th-At-Camelback-II-e1690365453872.jpg\",\"datePublished\":\"2023-07-27T10:42:46+00:00\",\"dateModified\":\"2023-09-04T15:11:26+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/4659e2337f06b61cefc6b0b897d183a4\"},\"description\":\"Lucid Private Offices will open its first coworking location in Arizona at a Class A property owned by Hines and Invesco Real Estate.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/lucid-private-offices-to-open-1st-coworking-space-in-phoenix\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/lucid-private-offices-to-open-1st-coworking-space-in-phoenix\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/lucid-private-offices-to-open-1st-coworking-space-in-phoenix\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/24th-At-Camelback-II-e1690365453872.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/24th-At-Camelback-II-e1690365453872.jpg\",\"width\":1018,\"height\":764,\"caption\":\"24th At Camelback II. 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