CUSHMAN & WAKEFIELD NEGOTIATES LEASE FOR FIRST PREMIER BUSINESS CENTERS IN ARIZONA

Cushman & Wakefield of Arizona, Inc. has negotiated a lease on behalf of Premier Business Centers for its first opening of executive office suites in Arizona, located at Camelback Commons, 4742 N. 24th St.

The company, which is headquartered in Irvine, Calif., has signed a 10-year lease for 13,516 square feet on the third floor of the building. The company plans to open its executive suites facility beginning in March, 2015. The Premier Business Center will include 53 executive suite office spaces, two meeting rooms, a day office, a kitchen and a reception area.

Commons

“We are excited to enter the Arizona marketplace and provide our services to the state’s growing business community,” says Jeff Reinstein, Chief Executive Officer of Premier Business Centers. “This is the first of several locations we plan to open in dynamic business corridors within the city.”

“This particular building provides a great central location in the Camelback Corridor, which is very appealing to executives who operate small companies or are in an incubation phase of their businesses,” says Larry Downey, Vice Chairman of Cushman & Wakefield.

Premier Business Centers, LLC is one of the country’s leading operators of executive suites and office centers. Offering more than 70 locations throughout the United States, Premier Business Centers provides professional work environments that can be rented by the hour, day, month or year.

Downey exclusively represented Premier Business Centers in the site selection search and lease negotiations. John Bonnell and Brett Abramson of Jones Lang LaSalle represented MS MCC Highland, LLC., owner of Camelback Commons.

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