Phoenix, Ariz. – Hines, the international real estate firm, recently won Mixed-Use Project of the Year and Speculative Office of the Year for its Chandler Viridian project at the 2019 Best of NAIOP Arizona Awards.
The Offices at Chandler Viridian is the tallest multi-tenant office building in Chandler. Current tenants include Stantec, a global engineering, architecture and consulting firm, and Workuity, a coworking firm. Recently completed, Hines hosted the building’s grand opening in January 2019. Chandler Viridian also won NAIOP Arizona’s Transaction of the Year in 2015.
“Hines begins every project with the goal of setting a new standard of excellence,” said Chris Anderson, senior managing director and Arizona leader for Hines. “Chandler Viridian exceeds expectations for what users want in a suburban environment.”
The Offices at Chandler Viridian is a six-story, Class A office building with 250,000 square feet of leasable space located at the intersection of Loop 101 and Loop 202 near the Chandler Fashion Center. The building features a large, open floorplan with 10-foot tall ceilings, a lounge and a large courtyard. Hines developed the project in a joint venture agreement with New York Life Real Estate Investors, on behalf of its institutional client.
The office building is the capstone to the Chandler Viridian mixed-use project. In 2014, Hines razed Elevation Chandler, an unfinished structure and local eyesore at the site, and launched the mixed-use project. The Offices at Chandler Viridian is integrated into the Chandler Viridian master plan development, a 25-acre mixed-use project which also includes a Cambria hotel & suites, Broadstone Fashion Center luxury apartments, sophisticated retail offerings at Chandler Viridian PRIMEGATE and a pedestrian promenade to the Chandler Fashion Center mall. Also featured in the master plan is a dog park, ¾-mile jogging trail connecting all of the properties, and a large public plaza with high-speed Internet and Wi-Fi – all to enhance the pedestrian experience. In November, Chandler Viridian won Commercial Property Executive Magazine’s 2018 Distinguished Achievement Silver Award for Repositioning/Redevelopment.
“We have poured a tremendous amount of energy into developing Chandler Viridian. Hines is pleased it has been so well received by the real estate and business community,” said Brandon Dillingham, director of development for Hines’ Arizona office.
Stantec is occupying approximately 22 percent of the office building. Team members from the firm’s Water, Buildings, Mining, Transportation, Environmental Services, Community Development, and Corporate Functional Services departments occupy approximately 51,000 square feet on the second and third floors of the Offices at Chandler Viridian.
Workuity is leasing 19,787 square feet on the first floor of the Offices at Chandler Viridian to accommodate clients who live in the surrounding area.
Hines has worked closely with the City of Chandler to develop Chandler Viridian.
Whiting Turner of Phoenix is the general contractor for the Offices at Chandler Viridian. RSP Architects designed the building and masterplan.
The Cushman & Wakefield team of Jerry Roberts and Patrick Boyle are leading the office leasing.
Hines is a privately owned global real estate investment firm founded in 1957 with a presence in 214 cities in 24 countries. Hines has approximately $120.6 billion of assets under management, including $66.5 billion for which Hines provides fiduciary investment management services, and $54.1 billion for which Hines provides third-party property-level services. The firm has 128 developments currently underway around the world. Historically, Hines has developed, redeveloped or acquired 1,348 properties, totaling over 444 million square feet. The firm’s current property and asset management portfolio includes 512 properties, representing over 223 million square feet. With extensive experience in investments across the risk spectrum and all property types, and a pioneering commitment to sustainability, Hines is one of the largest and most-respected real estate organizations in the world. Visit www.hines.com for more information.