Lincoln Property Company, Harvard Investments Fill First Building at Waypoint Office Project

Lincoln Property Company (LPC) and Harvard Investments have reached 100 percent occupancy in the first building at the Waypoint office campus, thanks to a major tenant commitment by American Traffic Solutions (ATS). The lease is the first at the new two-building, Class A office development underway in Mesa, Arizona.

Waypoint

Under the new lease, ATS will relocate more than 600 workers to fully occupy Waypoint’s 108,000-square-foot Building One. An additional 150,000-square-foot building will soon be under construction at the site, and already is securing strong interest from potential single- and multiple-occupancy users. Dave Carder, Luke Walker and Eric Schultz, from the Phoenix office of CBRE, lead the project’s marketing and leasing efforts.

At completion, Waypoint will total approximately 258,000 square feet in two multi-story buildings on 19.55 acres. The project is located on the borders of Scottsdale, Tempe and Mesa, adjacent to the 250-acre Mesa Riverview mixed-use development in Phoenix’s booming Southeast Valley.

“Waypoint represents the new era of creative office building design,” said Lincoln Property Company’s Executive Vice President David Krumwiede. “With large, open floor plans and high ceiling lines, the building will allow ATS employees to occupy their space in a myriad of ways – from expansive indoor workspace landscapes and more intimate ‘huddle rooms’ to shaded outdoor collaborative spaces.”

“This is exactly the type of development we want in Mesa,” added Mayor John Giles. “High quality jobs, next to two freeways and lots of restaurants and shopping make Riverview an ideal location for employment centers like Waypoint. We hope to keep the momentum moving and see more well-planned developments like this throughout Mesa.”

Just six miles east of Phoenix Sky Harbor International Airport, Waypoint is conveniently accessed via Loop 101 at Rio Salado Parkway, and the Loop 202 at Dobson and Alma School roads. It is directly east of Mesa Riverview, a 1.3 million-square-foot retail, hospitality and entertainment complex. It is also less than one mile from the new Cubs Spring Training Facility and the newly reconfigured Riverview Park. When completed, Waypoint will join an existing Hyatt Place Hotel, two existing, two-story office buildings and a planned 180-room, upscale brand Sheraton Hotel scheduled to open in March 2015. The hospitality site amenities will include full-service restaurants, bars, swimming pool, fitness facility and more than 30,000 square feet of meeting and event space.

“We welcome American Traffic Solutions to Waypoint and are thrilled that the corporate environment we are creating resonates with their leadership team,” said Craig Krumwiede, president of Harvard Investments. “We anticipate a great fit for their employees, who will be within walking distance of shopping, restaurants, entertainment, park amenities and the stadium. The proximity to Arizona State University and Tempe Town Lake also add to the location’s attraction.”

“We’re excited about this move and all of the amenities this location has to offer,” said James Tuton, president and CEO of American Traffic Solutions. “This facility will not only be designed to meet the needs of both our Fleet Services and State and Local Government Solutions Business Units, but allow us to do so under one roof. ”

Waypoint developer Lincoln Property Company is collaborating with The Davis Experience to create a “high-tech” aesthetic that extends from the buildings’ exteriors to the two-story lobbies. The façades will feature a multi-layered envelope of architectural cast concrete panels and high performance dual-pane aquamarine glazing. The interior entries will showcase clean lines, timeless materials, simple detailing and the focal point – an open “floating” grand stair. Additionally, Waypoint will feature abundant parking, shaded amenity areas located around the office campus and the built-in amenity of Tempe Canal’s multi-use path.

ATS is the leading provider of traffic safety, mobility and compliance solutions for state and local governments, fleets, and rental car companies. ATS expects to move into the Waypoint project in November 2015 with more than 600 employees. ATS is relocating from its existing offices in Tempe and Scottsdale, Arizona with plans to add as many as 150 additional employees by 2017. A privately held company, ATS has grown significantly each of the past several years and forecasts continued growth for the future.

“We anticipate additional interest from businesses looking to move to Waypoint and are thrilled for the nearly 1,700 jobs the project accommodates,” said District 1 Councilmember Dave Richins. “The ongoing positive impacts this creates for nearby residents and business owners is especially exciting.”

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