The following commercial leases were reported to the Real Estate Daily News for the Phoenix Lease Report from November 14 thru 18, 2016

PHOENIX, ARIZONA – Hines, the international real estate firm, announced that Insight Global, an Atlanta-based national staffing services company, has signed a long-term 12,460-square-foot lease at 24^th at Camelback II in Phoenix.

Insight Global will occupy the eighth floor of the 11^th-story Class A building, which offers abundant glass exposure and mountain views, beginning in early 2017.

Hines is developer, owner and property manager of the 306,877-square-foot building located at 2325 E. Camelback Road.

“24^th at Camelback II’s strong visibility on Camelback Road, central location, size and design, along with the close proximity to the many businesses in the high-profile area, helped attract Insight Global,” said Michelle Brown, general property manager with Hines.

Insight Global, which is relocating to the property from Scottsdale, specializes in sourcing information technology, accounting, finance and engineering professionals and delivering solutions to Fortune 1000 clients across the U.S. and Canada. Insight Global placed more than 33,000 people in 2015 through 41 regional offices in the U.S. and Canada.

“We are excited to be relocating to a space that will allow us to sustain the growth that we’ve had as a company. This location gives our company a great central location and gives us the potential to attract the best talent in Phoenix,” said Kevin Benfer, sales manager at Insight Global.

Jeff Hartland and Scott Boardman with Cushman & Wakefield represented Hines in the transaction. Jodi Selvey and Kathy Foster with Colliers International represented Insight Global.

RETAIL – 3701 E. INDIAN SCHOOL RD., PHOENIX
A retail lease for 1,792-square-feet within Gaslight Square at 3701 E. Indian School Rd. in Phoenix, AZ to Macran, LLC doing business as Acacia Cafe was recently consummated. The owner of the center is Gaslight Square Retail, LLC.  Jared Lively of Rein & Grossoehme represented the Landlord and Ruly Couch of Restaurant Brokers represented the Tenant on this transaction.

PHOENIX, AZ – Colliers International in Phoenix has been selected by ViaWest Group to serve as exclusive leasing agent for Biltmore Center (previously Biltmore Financial Center), a landmark Class A office complex at the northwest corner of 24^th Street and Camelback Road.

“Our team could not be more excited to partner with ViaWest on this unique opportunity” says Phil Breidenbach, SIOR.  Breidenbach, Todd Noel, CCIM, Kathy Foster, MCR and Ryan Timpani will be handling leasing for the property.  “The new ownership of Biltmore Center has embraced the evolution of office tenancy and is activating an environment that will differentiate Biltmore Center as the lead project at 24^th & Camelback.  We look forward to successfully marketing to and securing both traditional and next generation tenants seeking the amenities and workplace environment that make their enterprise prosper.”

“We are so excited to have Colliers on our team at Biltmore Center. They have a shared vision and understanding of how to activate this property to ensure it remains as the premier address for business within the Camelback Corridor.  The marketing of this property will be as cutting-edge as anyone will have seen in Phoenix,” says Steven Schwarz, founding partner of ViaWest Group. “Combining a multitude of NAIOP award winners that includes ViaWest (Developer/Owner of the Year) as new owner of Biltmore Center (Transaction of the Year) and the Office Brokerage Team of the Year under Bob Mulhern, who received this year’s Lifetime Achievement Award is a combination that will ensure success.”

Biltmore Center is situated in the heart of the Camelback Corridor, recognized as the “place-to-be” in Greater Phoenix, and with an impressive roster of tenants that includes Northern Trust Bank, Fennemore Craig law firm, Evergreen Devco, and Dentons.

Biltmore Center includes three towers with more than 635,000 square feet of prestigious office space that is currently 75% occupied.  The property features a multitude of on-site amenities that include a full-service health club, restaurant with a wine bar and a patio with fire pit, a large high-tech common area conference space, as well as a 2.5-acre urban park.

Built in the late 1980s, the complex is presently being renovated to integrate state-of-the art technology and amenities for the emerging generations of office users.  The property is directly across the street from Biltmore Fashion Park, a luxury retail and dining plaza that creates an expanded amenity menu for office tenants.

Phoenix, AZ – Colliers International in Greater Phoenix recently completed two long-term Phoenix office leases for non-profits in separate transactions.

Kathy Foster, senior vice president; Phil Breidenbach, executive vice president; and Greg Barrett, associate; all of Colliers International, represented Jobs for Arizona’s Graduates, a non-profit encouraging students to stay in school and gain workforce skills, and also GaitWay, the only program providing motor skill “conductive education” in the Southwest for cerebral palsy and other disabilities.

Jobs for Arizona’s Graduates leased 2,400-square-feet at 3320 W. Cheryl Drive, Suite B220 from TAF Real Estate, LLC.

“Kathy and Greg took great care to understand our organization’s mission, purpose and needs thoroughly before recommending a new home. They worked closely with us each step to make sure we understood the process as well as all the options available,” said Dianna Harrier, director of operations for Jobs for Arizona’s Graduates.

GaitWay leased 2,600-square-feet at 15905 46^th Street, Suite 100 from Enright Capital, Ltd. Dr. David Rhea, M.D. OB/GYN, and his wife, Mary Hare, R.N., formed GaitWay in 1998 after their granddaughter was born with cerebral palsy. GaitWay also has an office in Tucson.

After completing the transactions and wanting to further support the organizations’ missions, Foster, Breidenbach and Barrett created “Team JAG” and “Team GaitWay” to raise donations. Valley businesses donated furniture for the non-profits’ new offices and the Colliers team donated a portion of their commissions.

“We are always grateful for the opportunity to advance a local non-profit’s mission,” Foster said.

“It’s our way to give back to the community,” Breidenbach said.