Commercial Real Estate

Multifamily Property Management Firm Takes Entire Floor at Anchor Centre West

Avenue5 Residential recently signed a long-term
office lease for the entire 2nd fl oor at Anchor Centre West, 2201 E.
Camelback Rd., Phoenix.

Avenue5 Lease
Adam Tolson, Principal with Lee & Associates secured the tenant,
Avenue5, who will take possession of the 17,974 SF, turn-key space early
in 2016. Chris Walker, Michael Beall and Sean Spellman with Cushman &
Wakefi eld represented the landlord, KBS III Anchor Centre, LLC.
Anchor Centre consists of three multi-tenant offi ce buildings in
a prime location on the Camelback Corridor in East Central Phoenix.
Anchor Centre West is a 6-story, 198,493 SF, Class A offi ce building.
In 2012, a project to enhance the frontage and include parking
along Camelback Rd. was instituted. The property is adjacent to
premier shopping and entertainment venues and is close to the SR-51

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