PHOENIX (Oct. 22, 2025) — Helix Properties, owned and operated by Ryan Spiekerman and Adam Feldman, recently closed on the purchase of the East Gateway Office Complex situated at the northeast corner of Van Buren and 44th Streets in Phoenix. The real estate investment and development firm paid $19 million for the complex, which includes two office buildings totaling approximately 232,000 square feet.
The property’s attractive cost basis provides the new ownership group with the flexibility to offer generous tenant improvement allowances and highly competitive lease rates, positioning the asset to capture demand from tenants seeking well-located and affordable Class A office space in the Phoenix metro.
“We love the location of these buildings due to their proximity to the freeway and the airport,” said Ryan Spiekerman, founding principal of Helix Properties. “It’s literally in the heart of the Phoenix market, and we see significant opportunity to attract tenants who want institutional-quality space at a compelling value.”
Eric Wichterman, Chris Toci and Mike Coover of Cushman & Wakefield brokered the transaction and Marie Volm of Landmark Title Assurance Agency handled the closing. Pat Boyle of CBRE will continue to handle the leasing assignment on behalf of the new ownership group.
The East Gateway Office Complex offers tenants large, efficient floor plans, ample parking, and strong visibility within one of Phoenix’s most accessible submarkets. The acquisition reflects continued investor confidence in strategically located assets that can be repositioned to meet evolving tenant preferences.
“East Gateway has always been a quality office asset,” said Boyle. “We are excited to partner with the Helix team on this next chapter for the property and to bring quality, move-in-ready spec suites to the property.”
The East Gateway Complex buildings are located at 4646 and 4686 Van Buren Street. For more information on Helix Properties and its services, visit helixaz.com.