Tallest Multi-Tenant Office Building in Chandler Near Completion

PHOENIX, Arizona – Hines, the international real estate firm, has topped out the Offices at Chandler Viridian, the capstone to a mixed-use project that marks a new era for an important site in Chandler.

The last concrete beam has been placed atop the Offices at Chandler Viridian, a six-story, Class A office building with 250,000-square-feet of space located at the intersection of Loop 101 and Loop 202 near the Chandler Fashion Center. The building will be the tallest multi-tenant office building in Chandler at completion.

“Hines has seen the tremendous value in this premier site near the Chandler Fashion Center and Price Road Corridor since day one,” said Chris Anderson, managing director and Arizona leader for Hines. “The Offices at Chandler Viridian has generated significant interest from leading-edge companies across several business sectors.”

The Chandler Viridian master plan development is a 25-acre mixed-use project which includes the Offices at Chandler Viridian, a Cambria hotel & suites, Broadstone Fashion Center luxury apartments, sophisticated retail offerings at Chandler Viridian PRIMEGATE and a pedestrian promenade to the Chandler Fashion Center mall. Starlight U.S. Multi-Family recently acquired Broadstone Fashion Center for $84 million, according to Business Real Estate Weekly. The $4.315 million sale of Panera Bread at Chandler Viridian recently set a national record for the highest sale price for the chain, according to AZRE Magazine.

Also featured in the master plan is a dog park, ¾-mile jogging trail connecting all of the properties, and a large public plaza with high-speed Internet and Wi-Fi – all to enhance the pedestrian experience.

Completion of the Offices at Chandler Viridian is expected in Q4 2018 with the first tenants expected to move in by November.

Stantec has signed a long-term office lease. The office building will have a large, open floorplan with 10-foot tall ceilings, a lounge and large courtyard.

Hines has a joint venture agreement with New York Life Real Estate Investors, on behalf of its institutional client, to develop the Offices at Chandler Viridian.

Whiting Turner of Phoenix is the general contractor for the Offices at Chandler Viridian. RSP Architects of Minneapolis is designing the building.

Phoenix, Arizona  – Developing strategic marketing plans is never easy because all plans are customized based on the Five W’s: Who, What, Where, When and Why. These words are often mentioned or associated in journalism, research and the guidelines in which news writers investigate. It is also the guideline in developing a unique and strategic marketing plan for every brokerage and individual advisor in the CRE industry. One commercial real estate advisor at SVN Desert Commercial Advisors is diving into the latest marketing strategies to stand out from the crowd.  Retail advisor, Eddie Gonzalez is utilizing drone technology and a personal commercial real estate podcast channel to provide answers to the questions frequently asked by prospects and clients. Hence, the Five W’s!

Gonzalez is part of a dynamic top-producing retail team in Phoenix. Their team specializes in retail leasing and sales investments all across the valley. Gonzalez is a native of Phoenix, Arizona and focuses on commercial real estate in the Central Phoenix corridor. The podcast channel, “Time Kills Deals” will be launching end of summer. “I will have guests on the podcast that include property owners, tenants, lenders, appraisers and other brokers in the valley,” said Gonzalez. The podcast is currently being developed to cover hot topics about buying and leasing commercial real estate. While there may be others out there, Gonzalez plans to add a little more flare to separate him from the rest but ultimately provide insightful CRE related information to the community.

Technology itself is changing the landscape of commercial real estate.  CRE Tech companies are developing platforms that cover all areas from consumer insights, analytics to automated underwriting, market rent calculations and so much more. Named to the top 20 women in CRE Tech is founder Linda Day Harrison of the Broker List. “Social media and the use of online marketing tools and an awareness of the importance of SEO are starting to become Mainstream for commercial real estate,” said Harrison. There is a surge of innovation that is sweeping the nation but CRE professionals are also gravitating to drone technology that can be used on a tidal wave of social media platforms to increase the level of engagement and followers.

Managing Director, Perry Laufenberg expressed, “Eddie’s customer service background shines through in his interaction with clients and colleagues. He is continuously working to improve his depth of knowledge to better serve his clients in every aspect of a real estate decision.”  SVN advisor, Eddie Gonzalez specializes in covering aerial footage of new developments in the valley as well as historic commercial buildings. He also covers different footage of the listings with SVN, which can found on his Instagram page @azcommercialrealestate and Facebook business page, @EddietheCREguy.  CRE Tech connoisseur, Harrison stated, “Many are starting to realize the benefits of the integration of social media, blogging and importance of SEO and the help we can provide as a result of associating with our site.” Since the recent closure of Xceligent, tBL has been on a constant upward trend. There are approximately 4,600 businesses that are currently using their site.

The most important tips anyone can take away from social media is picking the right content to post to the right platforms.  LinkedIn is not Facebook for example. You must establish your objective first and most of all stay consistent.

Your business is your brand!

The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report from April 2-6, 2018.

RETAIL – Twin Peaks & Silverbell, Shoppes at Continental Ranch, Marana
Go Wireless, Inc., dba Verizon Wireless has signed a lease for a new store in a new freestanding PAD building to be constructed at Shoppes at Continental Ranch, at the southeast corner of Twin Peaks and Silverbell Roads in the Continental Ranch master planned Community in Marana, Arizona. The new store will be 2,200-square-feet and is expected to open in November 2018. Craig Finfrock and Zach Morgan of Commercial Retail Advisors, LLC represented the landlord, Shoppes at Continental Ranch, LLC, and the tenant was represented by Bonnie Arlia and Brian Gast of Velocity Retail Group. Commercial Retail Advisors, founded in 2001, specializes in the leasing and sales of shopping centers and retailer tenant representation throughout southern Arizona. [mepr-show rules=”58038″]Asking lease rate: $22 – $26 / SF / NNN[/mepr-show]

RETAIL – 5420 East Broadway, Ste 234, Tucson, AZ
Bayleaf Foods, LLC has leased 1,253-square-feet at 5420 East Broadway Boulevard, Suite 234, located within the Plaza at Williams Centre. The tenant plans to open Fruitshack Smoothies and Yogurt in the space. Andy Seleznov, Melissa Lal, and George Larsen of Larsen Baker represented the landlord.  Jeramy Price of Volk Company represented the tenant.

RETAIL – 6781 N Thornydale Rd., Ste 229, Marana
Kevin Volk and Jeramy Price of Volk Company handled a lease for 1,200-square-feet between SCG-Northpointe, LLC and Ken Sprague and Jessica Sprague, dba Stained Purity Tattoo, at 6781 North Thornydale Road, Suite 229. The space is located within Northpointe Shopping Center, which is located at Thorndyale Road and Costco Drive near Costco and Home Depot. [mepr-show rules=”58038″]Asking lease rate: $18 / SF / NNN[/mepr-show]

RETAIL- 4514 E Broadway Blvd., Tucson
Goddess Lashes, LLC, leased a 1,200-square-foot space at 4514 East Broadway Boulevard. The space is located within Midstar Plaza. The landlord, Midstar Partners, L.L.C., was represented by Nancy McClure of CBRE and Kevin Volk of Volk Company represented the tenant.[mepr-show rules=”58038″] Tenant phone: 520.561.3118.[/mepr-show]

Submit sales and leases to REDailyNews@Outlook.com.