Case Studies
Elevate 24 (Formerly Camelback Commons)
- Address: 4722 & 4742 N. 24th Street
- Real Estate Type: Office
- Square Feet: +/- 322,406
Requirement
- Lease a 62% occupied, two-building campus for institutional client and their lender
Challenge
- Project perceived by market as a confusing layout
- Lack of on-site amenities
- Lack of available tenant improvement dollars for spec suites
Solution
- Develop the proper tour route
- Create “The Deck”
- Be patient to find the right tenant who could wait for TI’s
Results
- Over 65,000 SF of leasing in the first year
- Additional 35,000 SF of deals signed in the following six months
Previous Owner/Client
