Camelback Collective More Than 50 Percent Leased Just Months After Completion

Jupiter Research, LLC Leases Nearly 13,000 SF of Space at State-of-the-Art Development Project

Phoenix, Ariz. — It boasts panoramic views, high-tech accommodations and an adjacent, full-service hotel, and now the first new-build office complex to hit the Camelback Corridor in 10 years has reached more than 50 percent occupancy within just a few months of completion.

Jupiter Research, LLC, a global leader in the development, manufacture and wholesale supply of electronic inhalation products, is the latest in a line of companies locating at the new high-profile, mixed-use property located at 2801 E. Camelback Road, Phoenix, with the Arizona-based business leasing 12,400 square feet of space on the property’s first floor for its corporate headquarters.

“We selected the Collective as our new headquarters due to its state-of-the-art building features, stylish design, ultra-premier location and the convenience of a brand new AC Marriott hotel next door for our guests,” said Jupiter Research President Mark Scatterday. “From our very first meeting with the developers of the Collective, they showed Jupiter Research tremendous support and a keen desire for us to join the Collective.”

The four-story, LEED certified 115,000 square-foot office complex, which is a joint venture between Holualoa Companies and LaPour Partners, combines ultra-modern office space with an adjacent, 160-room AC Marriott Hotel complete with a coworking area, a conference center and a full bar and restaurant, among other amenities. The complex and hotel rise prominently over a high-traffic area, giving businesses a central, walkable location to multiple restaurants and amenities while taking advantage of the property’s considerable signage and related accommodations. The desire for companies to occupy this new generation of workspace has been strong with additional announcements expected soon.

“It’s an honor to welcome the corporate headquarters of Jupiter Research to the Camelback Collective, and we’re eager to watch them continue to grow and expand on Phoenix soil,” said Stan Shafer, Chief Operating Officer for Holualoa Companies. “This new lease takes up a significant portion of our first floor, but we have two prime spaces with centralized lobby exposure still available for prospective tenants.”

The remaining first floor leasing opportunities provide for a 5,700 square foot space and a 4,400 square foot space, each offering main lobby exposure and access.  In addition to a highly desirable location, the Camelback Collective offers an abundance of key features and accommodations, among them elevated ceilings, high-speed elevators with direct garage to suite opportunities, floor-to-ceiling glass features and numerous LEED green-building elements.

Jerry Roberts and Pat Boyle of Cushman and Wakefield are in charge of leasing for the project. For more information on leasing opportunities at Camelback Collective, contact Roberts and Boyle at 602.229.5829.

About LaPour

LaPour is an opportunity driven real estate development firm active in the Southwestern US Markets. The firm is focused on unique opportunities, driven by high quality locations and differentiated designs. LaPour has delivered over 4 million square feet of office, industrial and hospitality space that is creatively progressive yet always customer focused.

About Holualoa Companies

Holualoa Companies is a real estate investment firm focused on the successful acquisition, repositioning, redevelopment and disposition of underperforming real estate assets. Our investments span the United States and Europe and include office, retail, industrial, multi-family, hotel and mixed-use investment properties. Holualoa Companies is an experienced, opportunistic investor for its own account and on behalf of a select group of private investors. www.holualoa.com.

About AC Hotels by Marriott

AC Hotels by Marriott celebrates the beauty of classic modern design with its European soul and Spanish roots, born from the entrepreneurial spirit of renowned hotelier Antonio Catalan. In 2011, AC Hotels and Marriott International formed a joint venture, leveraging the unique style and design of these upscale urban-inspired hotels with the portfolio and distribution power of Marriott International.  With nearly 130 hotels across Europe and North and Latin America, AC Hotels is designed for modern travelers with an entrepreneurial mindset – they see travel as a way to collect knowledge and inspiration, as they value genuine connections to people, experiences, and ideas that excite them.

About Jupiter Research, LLC

A Phoenix, Arizona-based leader in the global electronic inhalation market, Jupiter Research, LLC designs, develops and manufactures vaporization technologies exclusively for natural plant-derived oil producers. Founded on the belief that, “…not all vaping hardware is created equal,” Jupiter Research prides itself on its ability to manufacture high-quality vaporization platforms that meet the challenges presented by high-viscosity extracts. For more, visit JupiterResearch.com.

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