Salt River Devco Welcomes New Tenants to Chaparral Business Center

Oct. 24, 2013- Salt River Devco announced that it has leased 67,734 square feet and reached 91 percent occupancy at the Chaparral Business Center. New tenants include education solutions company Edgenuity Inc., internet security firm Sitelock, LLC., mortgage lender New American Funding and title and escrow company Title 365.

Devco, an enterprise of the Salt River Pima-Maricopa Indian Community, is an asset management and commercial development company.  It manages 108 acres of land between Chaparral Road and McDonald Drive including 7 commercial buildings totaling over 500,000 square feet at the Chaparral Business Center. Up to 1 million square feet of office, flex industrial, retail and medical uses are planned for the remaining acreage.

“We’re pleased to offer our new tenants the convenience of the 101 Freeway access, close proximity to downtown Scottsdale and the on-site restaurant and conference center amenities of our Courtyard by Marriott hotel,” said Jeff Roberts, asset manager for Salt River Devco.

Edgenuity is a national leader in online and blended learning solutions that propel success for every student, empower every teacher, and enable schools and districts to meet their academic goals.

Edgenuity Vice President of Finance and Administration, David Alderslade said, “Chaparral Business Center provides us the right combination of a great central location, high quality and efficient space.”

For more information about Edgenuity visit the website at www.Edgenuity.com. For more information about Salt River Devco, please contact Asset Manager Jeff Roberts at (480) 850-5701 or visit the website at www.srdevco.com.

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