Case Studies
Connexion
- Address: 7855 S. River Parkway
- 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 1st year
- Set new highwater marks on $/SF rents for the building
Previous Owner/Client
