Case Studies

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Connexion

• 7855 S. River Parkway
  Tempe , AZ 85254

• Real Estate Type: Office

• Square Feet: +/- 100,000

Project Overview

• Backfill the only Multi-Tenant Office Building in ASU Research Park while pushing rates

Challenge

• Rising TI Costs
• Market Uncertainty with office space
• Restrictive CC&R’s limiting uses

Solution

• Spec suite plan to limit TI exposure
• Full marketing package to neighboring tenants
• Utilize community relationships with ASU

Results

• Achieved 100% occupancy in 1^st year
• Set new highwater marks on $/SF rents for the building

Previous Owner/Client