George Oliver’s new downtown Chandler, Arizona project delivers with a leasing surge
Phoenix-based developer George Oliver has completed its latest experiential office transformation, The Alexander in downtown Chandler, as companies reintroduce their employees back into the workplace. Located at 25 S. Arizona Pl., the 112,000-square-foot office building debuted this month with a surge in leasing activity, thanks to a thoughtfully curated amenity package following George Oliver’s mission to deliver the next-generation office environment.
“At The Alexander, we prioritized the amenities that will encourage employees to come back to the office,” said George Oliver Managing Partner Curt Kremer. “The pandemic dramatically shifted how both employees and employers view the workplace. With The Alexander, we’re putting the traditional office behind us – replacing it with wellness-inspired programming, collaborative workspaces and a sense of personal growth that you won’t find in other Class A office environments and that will allow our tenants to benefit from these new demand drivers.”
According to Kremer, today’s employers are increasingly looking for a workplace advantage to solve their recruiting and retention needs. Small to mid-sized companies who do not have the scale to build highly amenitized corporate campuses can achieve this at The Alexander, which operates like a campus with shared amenities and programming. This allows its tenants to compete on a larger scale when recruiting employees.
The Alexander’s amenity package includes a wellness and yoga studio with interactive equipment like Peloton bikes, iFit treadmills and rowing machines by NordicTrack. It also includes a Kaleidoscope organic juice and coffee bar with lounge style seating and breakout areas, a number of outdoor areas designed for private tranquil seating and communal meetings, a library for focused tasks, a billiards room for employee events or meetings, a 50-person training center with outdoor seating and a hospitality bar, a dog friendly patio, a mother’s room, and an onsite concierge to program events and manage daily tenant needs. The completed transformation can be seen in a recently released property video.
As part of the transformation and in response to COVID-19, George Oliver enhanced its renovation plan at The Alexander to include “touchless” accessibility with 10-foot sliding glass entry doors, motion sensor restroom doors and fixtures, and touchless drinking fountains. It also upgraded the building’s main HVAC systems and elevators to optimize air quality and functionality.
The Alexander is anchored by a long-term lease to First Credit Union and has secured new long-term commitments from multiple additional tenants including 13,417 square feet to Neighborhood Loans, 7,426 square feet to NOVA Home loans, 4,596 square feet to Sandoval Design and Marketing, and 2,524 square feet to North & Co. Numerous other commitments are close to completion, including heavy activity from new-to-market tech interests.
“Buildings offering a dynamic workplace experience like the The Alexander are getting the lion’s share of attention from tenants and are the ones signing the most leases in the market today,” said JLL Managing Director Ryan Timpani, who serves as The Alexander’s exclusive leasing broker along with JLL Senior Associate Nick Bialkowski. “The Alexander adds to this with a distinctive health-and-wellness focus that is very unique to George Oliver’s portfolio.”
Adjacent to The Alexander, George Oliver is finalizing renovations on a sister building, The Johnathan, located at 55 N. Arizona Pl. Renovations at The Johnathan, which will be complete this summer, include façade upgrades, a new landscape scheme and lobby and restroom upgrades. It also features a complementary amenity package on the ground floor, including a green-room for tenants to utilize for video and podcast productions, a 35-person training room, tenant lounge, mother’s room, and meditation room. Tenants at The Alexander and The Johnathan will have exclusive access to both buildings’ amenities through a shared access agreement.
Colton Trauter of Lee & Associates is the exclusive leasing broker for The Johnathan.
The Alexander and The Johnathan are part of a growing local portfolio of notable George Oliver projects including CASA in Phoenix’s Uptown neighborhood, Lofts at The District in North Scottsdale and the just-announced Hayden Station office transformation in downtown Tempe.