twenty fourth At Camelback II. Picture courtesy of Cushman & Wakefield
Texas-based flex workplace supplier Lucid Non-public Workplaces has signed a 26,910-square-foot lease at twenty fourth At Camelback II, a Class A workplace constructing in Phoenix. A partnership between Hines and Invesco Actual Property is the developer and proprietor of the 306,87-square-foot property. The brand new house marks the tenant’s growth to Arizona, with deliberate opening in March 2024.
The complete-floor location will embrace greater than 100 personal places of work, with areas accommodating crew of 10 folks or extra, collaborative coworking suites, a gathering and board video games room, in addition to a common-area kitchen and out of doors working areas.
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Cresa’s Principal John Pelletier and Vice chairman Austin Studebake, assisted by Find’s Managing Principal Jim Sadler negotiated on behalf of the tenant. The owner was represented in-house, with the help of Cushman & Wakefield’s Government Director Scott Boardman and Senior Affiliate Kristina Cutillo.
Lucid Non-public Workplaces will be a part of the constructing’s present tenants, together with Vereit, Perception International and Bonnett Fairbourn Friedman & Balint, amongst others, in line with CommercialEdge.
An energy-efficient workplace constructing
Situated at 2325 E. Camelback Highway, the 11-story constructing contains 7,562 sq. ft of retail house, six passenger elevators and 1,179 parking spots. Facilities embrace a a convention middle, health middle and landscaped out of doors seating house. twenty fourth At Camelback II not too long ago acquired a WELL Well being-Security Score, in addition to LEED Platinum certification and an Power Star score of 92.
Inbuilt 2010 on an roughly 2-acre lot, the property is 6 miles from Phoenix Sky Harbor Worldwide Airport, 7 miles from downtown Phoenix, 11 miles from Tempe, Ariz., and inside 17 miles of Mesa, Ariz.
Different flex workplace suppliers additionally expanded within the metro not too long ago. Earlier this yr, Industrious introduced its plans to open Industrious Park Central, a 20,910-square-foot coworking location in Phoenix, anticipated to be opened in September 2023. The house will probably be Industrious’ second location in Phoenix, located inside Park Central, a 530,000-square-foot Class A mixed-use venture owned by Plaza Cos. and Holualoa Cos.
